Dow Finishes Week On A Down Note
Stocks ended a dramatic week in mundane fashion Friday, closing narrowly mixed. The Standard & Poor’s 500 index just managed to set its fourth straight closing high.
The Dow Jones industrial average fell 7.14 to 11,112.72, having retreated from a 115-point gain in early trading.
The Dow, which rose 253 points Thursday, ended the week with a gain of 517.49, or 4.9 percent. The blue-chip index still sits more than 500 points below the closing record of 11,722.98 it set Jan. 14.
The Standard & Poor’s 500 edged up 0.11 to 1,527.46, having reached a record high close every day this week except Monday. The Nasdaq composite index rose 22.42 to 4,963.03.