Stocks End Week On A Quiet Note

Sat., June 26, 1999

From Staff

Stock prices ended the quietest session of 1999 with mixed results Friday as optimism about second-quarter earnings gave way to nagging concerns about interest rates.

The Dow Jones industrial average ended just 17.73 higher at 10,552.56, paring most of its 115-point gain earlier in the session. The blue-chip index shed 303 points, or 2.8 percent, during the week, as investors worried about interest rates and corporate profits.

Broader market indicators also turned lower late in the day. The Standard & Poor’s 500 fell 0.47 to 1,315.31, and the Nasdaq composite index fell 1.34 to 2,552.65.

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Stocks End Week On A Quiet Note

Jesse Tinsley

Jim Meehan

Molly Quinn

Rob Curley

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