Wall Street closed its best week of the year so far with a quiet finish.
The S&P 500 slipped 0.1 percent Friday after setting all-time highs in each of the last three days.
The Dow Jones Industrial Average slumped 305 points, or 0.8 percent. The Nasdaq composite rose 0.2 percent to add to its record.
Nike dragged on the market despite reporting stronger results than expected. Digital World’s stock flipped to a loss in shaky trading after its shareholders approved a deal to merge with former President Donald Trump’s social media company.
Treasury yields eased in the bond market.
On Friday:
The S&P 500 fell 7.35 points, or 0.1 percent, to 5,234.18.
The Dow Jones Industrial Average fell 305.47 points, or 0.8 percent, to 39,475.90.
The Nasdaq composite rose 26.98 points, or 0.2 percent, to 16,428.82.
The Russell 2000 index of smaller companies fell 26.56 points, or 1.3 percent, to 2,072.
For the week:
The S&P 500 is up 117.09 points, or 2.3 percent.
The Dow is up 761.13 points, or 2 percent.
The Nasdaq is up 455.64 points, or 2.9 percent.
The Russell 2000 is up 32.68 points, or 1.6 percent.
For the year:
The S&P 500 is up 464.35 points, or 9.7 percent.
The Dow is up 1,786.36 points, or 4.7 percent.
The Nasdaq is up 1,417.47 points, or 9.4 percent.
The Russell 2000 is up 44.92 points, or 2.2 percent.
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