U.S. stocks close slightly lower, book weekly gains

U.S. stock-market indexes closed slightly lower on Friday, but still finished the week with modest gains. The S&P 500 closed 1.22 points, or less than 0.1%, lower at 2,683.35 but gained 0.3% over the week. The Dow Jones Industrial Average pulled back 27.96 points, or 0.1%, to 24,754.33 but was 0.4% higher for the week. The tech-heavy Nasdaq Composite index slipped 5.40 points, or 0.1%, to 6,959.96, yet booked 0.3% gain over the past week. Among the worst performers on Wall Street, shares of Advanced Micro Devices dropped more than 3% as investors sold companies that are connected to cryptocurrencies in the wake of a double-digit plunge in bitcoin prices.

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From:: Stock Market News

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