US Markets Rebound Friday, Close Week Down After Choppy Trading
The Nasdaq Composite closed Friday 17,754.09, down from 18,196.20 at the end of last week, while the S&P 500 finished at 5,638.94, down from 5,770.20 a week ago. The Dow Jones Industrial Average slid to 41,488.19, from 42,801.72.
The Russell 2000 index of smaller companies was also down, because those firms typically are considered more sensitive to economic downturns. The index closed at 2,044.1 on Friday, down from 2,075 a week earlier.
In economic news, a
US Treasury yields rose Friday, with the 10-year rate gaining 4.2 basis points to 4.32% and the two-year rate adding 6.8 basis points to 4.02%.
Among companies,
To the upside,
West Texas Intermediate crude oil settled
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