The Dow industrials and S&P 500 both snapped a streak of three weeks of gains Friday, closing lower for the session and week, while the Nasdaq finished higher for a fourth week of gains. President Donald Trump’s firing of FBI Director James Comey, as well as a rough patch of corporate results mostly from retailers, contended with an otherwise strong earnings season. The Dow Jones Industrial Average declined 22.81 points, or 0.1%, to close at 20,896.61, with General Electric Co. and Merck & Co. the largest decliners, for a 0.5% drop on the week. The S&P 500 index fell 3.54 points, or 0.2%, to finish at 2,390.90, with the industrials and financials sectors leading losses. The S&P 500 ended the week down 0.4%. The Nasdaq Composite Index rose 5.27 points, or less than 0.1%, to finish at 6,121.23 for a weekly gain of 0.3%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News