Stock indexes closed modestly lower on Friday, running out of steam in the final session of 2017, in what has been a stellar record-setting year for U.S. equities. The Dow Jones Industrial Average shed 105 points, or 0.4%, to 24,732. The S&P 500 fell 13 points, or 0.5%, to 2,674. The Nasdaq Composite Index dropped 47 points, or 0.7%, to 6,903. This week, the S&P was down 0.3%, the Dow was down 0.1%, and the Nasdaq was down 0.8%. For the fourth-quarter, the S&P rose 6.1%, the Dow climbed 10.4%, and the Nasdaq rose 6.3%. In 2017, the S&P climbed 19.4%, the Dow advanced 25.1% and the Nasdaq jumped 28.3%. All three indexes ended in positive territory in December, with the S&P and Dow clinching their 9th straight monthly gain. That marks the longest streak for the Dow since 1959. While, the Nasdaq notched its sixth straight annual gain, its longest streak since the one between 1975 and 1980. Tech shares retreated on the day, with Apple Inc. falling 0.7%.
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From:: Stock Market News