Market wrap & outlook
Stocks in the U.S closed out a volatile week on Wall Street broadly in the red Friday, led lower by banks, as investors digested a batch of mixed economic reports and remained on edge as concerns lingered over whether central banks will pare back their stimulus programs.
Stocks in the US ended the month of May with big losses, with the Dow and S&P 500 posting their worst one-day drops since mid-April.
Stocks in the U.S closed lower for a third session, as markets remain worried the Federal Reserve may start withdrawing stimulus by curtailing bond purchases later this year.
Stocks in the U.S. closed out the week with strong gains, with the Dow and S&P 500 hitting fresh highs following several positive economic reports.
Wall Street ended another week on a high note. The positive finish ensured the third week of record closes for the S&P 500. The S&P closed up 0.4% to 1633 as the Dow rose 35 points, or 0.2% and the Nasdaq added 0.8%.
Stocks in the U.S closed out the week out strong, with the S&P 500 finishing above 1,600 and the Dow briefly topping 15,000 for the first time, as Wall Street cheered a better-than-expected April nonfarm payrolls report.
Stocks in the U.S finished narrowly mixed in lacklustre trading Friday, with the S&P 500 and the Nasdaq snapping their five-day winning streak, after a pair of weaker-than-expected economic reports discouraged investors.
Stocks in the U.S reversed a two-day slump to close out the week on a positive note. The Dow Jones Industrial Average eked out a gain of 10.37 points to close at 14,547.51, after falling nearly 100 points at the open, boosted by Microsoft. IBM and GE led the laggards. IBM's sharp decline single-handedly put more than 100 points of downward pressure on the blue-chip index.
Stocks in the U.S. recovered from their lows but still finished slightly lower Friday, breaking a four-day winning streak. Weighed by a batch of disappointing economic reports and a day after the Dow and S&P 500 posted record highs.
Stocks in the U.S. closed well off their lows Friday, but the S&P 500 and Nasdaq still logged their worst one-week declines this year, pressured by a disappointing March unemployment report in addition to ongoing jitters over North Korea.
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