Stocks Ended Mixed Friday, Posted Weekly Decline

U.S. stocks ended mixed on Friday, with the S&P 500 and Dow Jones Industrial Average climbed, but losses in the technology space kept the Nasdaq in check. The Dow Jones Industrial Average rose 119.19 points, or 0.49%, to 24,580.89. The S&P 500 gained 5.12 points, or 0.19%, to 2,754.88. The Nasdaq Composite dropped 20.14 points, or 0.26%, to 7,692.82. Over the week, the Dow booked a decline of 2%, the S&P 500 lost 0.9%, while the Nasdaq declined by 0.7%.

Oil prices rallied Friday, with U.S. prices jumping nearly 6% for the week, as OPEC members agreed to raise output, but by an amount that appears to be less than traders had anticipated. August West Texas Intermediate crude rose $3.04, or 4.6%, to settle at $68.58 a barrel. August Brent crude climbed $2.50, or 3.4%, to $75.55 a barrel.