Stocks fell Friday after former national security adviser Michael Flynn pleaded guilty to lying to FBI agents and said he would cooperate with a special counsel probe into possible Russian interference with the 2016 U.S. presidential election. But hopes the Senate would pass a tax bill were credited with helping stocks to erase much of the decline. The S&P 500 ended 0.2% lower near 2,642.22, but saw a weekly rise of 1.5%. The Dow Jones Industrial Average ended around 41 points lower after having fallen more than 300 points earlier in the session. The Dow saw a 2.9% weekly rise, its strongest of 2017. The Nasdaq Composite dropped 0.4% to close near 6,848, losing 0.6% for the week.
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From:: Stock Market News