Stocks are closing a wild, whipsaw week for Wall Street with modest gains.
The S&P 500 rose 0.5 percent Friday, coming off its best day since 2022, trimming its loss for the week down to less than 0.1 percent. The Dow Jones Industrial Average rose 0.1 percent, and the Nasdaq composite added 0.5 percent. Both are also finishing the week with only modest losses after sharp, earlier drops on worries about the U.S. economy and other factors.
Expedia Group helped lead the way after a stronger-than-expected profit report. Treasury yields eased in the bond market ahead of big reports coming up next week on the economy.
On Friday:
The S&P 500 rose 24.85 points, or 0.5 percent, to 5,344.16.
The Dow Jones Industrial Average rose 51.05 points, or 0.1 percent, to 39,497.54.
The Nasdaq composite rose 85.28 points, or 0.5 percent, to 16,745.30.
The Russell 2000 index of smaller companies fell 3.51 points, or 0.2 percent, to 2,080.92.
For the week:
The S&P 500 is down 2.40 points, or less than 0.1 percent.
The Dow is down 239.72 points, or 0.6 percent.
The Nasdaq is down 30.86 points, or 0.2 percent.
The Russell 2000 is down 28.39 points, or 1.3 percent.
For the year:
The S&P 500 is up 574.33 points, or 12 percent.
The Dow is up 1,808.00 points, or 4.8 percent.
The Nasdaq is up 1,733.95 points, or 11.6 percent.
The Russell 2000 is up 53.84 points, or 2.7 percent.
The Epoch Times copyright © 2024. The views and opinions expressed are those of the authors. They are meant for general informational purposes only and should not be construed or interpreted as a recommendation or solicitation. The Epoch Times does not provide investment, tax, legal, financial planning, estate planning, or any other personal finance advice. The Epoch Times holds no liability for the accuracy or timeliness of the information provided.
