U.S. stocks close lower, post second straight weekly loss


U.S. stock-market indexes ended the second straight week with losses after lackluster performance on Friday following White House Chief Strategist Stephen Bannon’s ouster from the administration. The S&P 500

SPX, -0.18%

closed 4.46 points, or 0.2%, lower at 2,425.55 and booked a 0.7% weekly loss. The top loser on the S&P 500, Foot Locker, Inc.

FL, -27.92%

plunged 28% on Friday following earnings that missed expectations. The Nasdaq Composite index

COMP, -0.09%

which traded in positive territory most of the session, ended 5.39 points, or 0.1%, lower at 6,216.53, and booked a 0.6% loss over the week. The Dow Jones Industrial Average

DJIA, -0.35%

declined 76.22 points, or 0.4%, to 21,674.51 and fell 0.8% over the week. Weighing on the blue-chip index, Nike, Inc.

NKE, -4.37%

fell more than 4%.

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Stocks end lower; Dow, S&P 500 book 2nd weekly loss in a row and Nasdaq logs 4th