U.S.stocks ended mixed on Friday, with the Dow closed at record for 4th week and Nasdaq slipped for second week The Dow Jones Industrial Average gained 24.52 points, or 0.1%, at 21,384.42. The S&P 500 index was up 0.68 point at 2,433.14. The Nasdaq Composite was down 13.74 points, or 0.2%, to end the week 0.9% lower. For the week, the Dow gained 0.5%, the S&P 500 was up less than 0.1% and the Nasdaq was down 0.9%.
Oil prices rebounded Friday after hitting their lowest settlement of 2017, but registered their fourth weekly loss in a row—the longest such streak of declines in nearly two years.July West Texas Intermediate crude oil rose 28 cents, or 0.6%, to settle at $44.74 a barrel, while August Brent added 45 cents, or 1%, to $47.37 a barrel.For the week, WTI crude was down 2.4% and Brent suffered a 1.6% weekly slide.
Amazon.com Inc. (AMZN) announced Friday that it’s acquiring Whole Foods Market Inc. (WFM)for $42 per share in an all-cash transaction of about $13.7 billion, including Whole Foods’ debt.
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