Wall Street added to its records as U.S. stocks closed out another winning week.
Wall Street added to its records as U.S. stocks closed out another winning week
Wall Street added to its records as U.S. stocks closed out another winning week.
New York Community Bancorp lost a quarter of its value after warning investors that it found serious weaknesses in how it reviews loans. Treasury yields eased following weaker-than-expected reports on U.S. manufacturing and consumer sentiment. The yield on the 10-year Treasury note fell to 4.18%.
On Friday:
The S&P 500 rose 40.81 points, or 0.8%, to 5,137.08.
The Dow Jones Industrial Average rose 90.99 points, or 0.2%, to 39,087.38.
The Nasdaq composite rose 183.02 points, or 1.1%, to 16,274.94.
The Russell 2000 index of smaller companies rose 21.55 points, or 1%, to 2,076.39.
For the week:
The S&P 500 is up 48.28 points, or 0.9%.
The Dow is down 44.15 points, or 0.1%.
The Nasdaq is up 278.12 points, or 1.7%.
The Russell 2000 is up 59.71 points, or 3%.
For the year:
The S&P 500 is up 367.25 points, or 7.7%.
The Dow is up 1,397.84 points, or 3.7%.
The Nasdaq is up 1,263.59 points, or 8.4%.
The Russell 2000 is up 49.32 points, or 2.4%.
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