Stocks ended lower on Wall Street, giving up their gains for the week.
The S&P 500 still managed to end July higher, marking six monthly gains in a row, the longest such streak since 2018.
Online retail giant Amazon slumped and weighed down the S&P 500 after it reported sales growth that was big but not as big as Wall Street expected. Its sales forecast also disappointed investors.
On Friday:
The S&P 500 fell 23.89 points, or 0.5%, to 4,395.26.
The Dow Jones Industrial Average fell 149.06 points, or 0.4%, to 34,935.47.
The Nasdaq fell 105.59 points, or 0.7%, to 14,672.68.
The Russell 2000 index of smaller companies fell 13.78 points, or 0.6%, to 2,226.25.
For the week:
The S&P 500 is down 16.53 points, or 0.4%.
The Dow is down 126.08 points, or 0.4%.
The Nasdaq is down 164.31 points, or 1.1%.
The Russell 2000 is up 16.60 points, or 0.8%.
For the year:
The S&P 500 is up 639.19 points, or 17%.
The Dow is up 4,328.99 points, or 14.1%.
The Nasdaq is up 1,784.40 points, or 13.8%.
The Russell 2000 is up 251.39 points, or 12.7%.
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
