U.S. stocks coasted to the close of another winning week with a quiet, mixed finish.
The S&P 500 rose 0.2% Friday. The Dow Jones Industrial Average gained 0.3%, and the Nasdaq composite edged down by less than 0.1%.
A lengthening parade of strong profit reports from Gen Digital and other companies helped support the market. Stocks had been on track for bigger gains in the morning but regressed following a discouraging report on U.S. consumer sentiment. The report suggested U.S. households are raising their expectations for inflation.
On Friday:
The S&P 500 rose 8.60 points, or 0.2%, to 5,222.68.
The Dow Jones Industrial Average rose 125.08 points, or 0.3%, to 39,512.84.
The Nasdaq composite fell 5.40 points, or less than 0.1%, to 16,340.87.
The Russell 2000 index of smaller companies fell 13.85 points, or 0.7%, to 2,059.78.
For the week:
The S&P 500 is up 94.89 points, or 1.9%.
The Dow is up 837.16 points, or 2.2%.
The Nasdaq is up 184.54 points, or 1.1%.
The Russell 2000 is up 24.06 points, or 1.2%.
For the year:
The S&P 500 is up 452.85 points, or 9.5%.
The Dow is up 1,823.30 points, or 4.8%.
The Nasdaq is up 1,329.52 points, or 8.9%.
The Russell 2000 is up 32.70points, or 1.6%.
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
