Stocks Ended Lower Friday, Booked Weekly Gains

U.S. stocks edged down on Friday, but booked weekly gains, amid escalating concerns over an ongoing government shutdown. At close, the Dow Jones Industrial Average fell 5.97 points, or 0.02%, to 23,995.95. The S&P 500 was off 0.38 point, or 0.01%,to 2,596.26. The Nasdaq Composite declined 14.59 points, or 0.21%, to 6,971.48. For the week, the Dow booked a weekly gain of 2.4%, the S&P 500 gained 2.5%, while the Nasdaq produced a return of 3.5%.

Oil futures ended lower Friday, but scoring a second weekly climb in a row. West Texas Intermediate crude for February delivery fell $1, or 1.9%, to settle at $51.59 a barrel. March Brent crude declined by $1.20, or 2%, to $60.48 a barrel.

About the Author

has written 10757 stories on this site.

Write a Comment

Gravatars are small images that can show your personality. You can get your gravatar for free today!

You must be logged in to post a comment.

Copyright © 2012 Nine Stocks