Stocks Ended Mostly Lower Friday and Posted Weekly Advances

U.S. stocks ended mostly lower on Friday, with the Dow posting an eighth consecutive session of gains amid further signs of de-escalation in the U.S.-China trade war. All three major indices posted weekly advances for a third straight week. The Dow Jones Industrial Average rose 37.07 points, or 0.14%, to 27,219.52. The S&P 500 fell 2.18 points, or 0.07%, to 3,007.39. The Nasdaq Composite retreated 17.75 points, or 0.22%, to 8,176.71. For the week, the Dow rose 1.6%, the S&P 500 added 1% and the Nasdaq advanced 0.9%

Oil futures finished lower on Friday, with both U.S. and international benchmark crude posting sizable weekly falls as worries about the prospect of rising inventories appeared to overshadow a U.S.-China tariff detente. West Texas Intermediate crude for October delivery fell 24 cents, or 0.4%, to settle at $54.85 a barrel for a roughly 3% weekly decline. November Brent crude shed 16 cents, or 0.3%, to $60.22 a barrel, with prices marking a weekly fall of 2.1%.

About the Author

has written 15961 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