U.S. stocks close mostly higher, Dow has 2nd positive week in a row

11

U.S. stocks ended with slight moves on Friday, as the market’s recent upward momentum remained intact, although geopolitical uncertainty limited buying appetite with major indexes near records. The Dow Jones Industrial Average












DJIA, -0.04%










fell 10 points, or less than 0.1%, to 22,349. The S&P 500












SPX, +0.06%










rose 1.5 point to 2,502. The Nasdaq Composite Index












COMP, +0.07%










was up 4 points, or 0.1%, to 6,427. North Korea returned to the forefront after the country’s foreign minister Ri Yong Ho said late Thursday at a United Nations meeting that his country might consider a nuclear bomb of “unprecedented scale” in the Pacific. While geopolitical tensions have been elevated, some analysts said the stock market has become desensitized to the threats the U.S. and North Korea. For the week, the Dow rose 0.4%, the S&P rose 0.1%, and the Nasdaq fell 0.3%. Among the day’s most active stocks, CarMax Inc.












KMX, +7.77%










rose 7.8% after quarterly earnings and revenue beat Wall Street expectations.

Read the full story:
Dow, S&P 500 eke out small gains, post second weekly advance

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here