Although the major indices closed lower for the day, they each enjoyed solid gains this week.
The S&P rose for the fifth straight week. The Nasdaq is up for the eighth week in a row. The Dow Jones Industrial Average rose for the third straight week. The small-cap Russell Index lagged, but still closed with gains this week
for this day ,
- The Dow Industrial Average fell -107.05 points, or -0.31%, to 34,300.75.
- The Standard & Poor’s Index fell -16.17 points, or -0.37%, to 4,409.68.
- The Nasdaq felt -93.96 points, or -0.68%, at 13,689.56.
Looking at the Russell 2000 Small Business Index, it fell -13.81 points, or -0.73%, at 1,875.46.
For the trading week:
- The Dow Industrial Average rose 1.25%.
- The S&P rose 2.58%. The gain was the largest since the week of March 27
- The Nasdaq rose 3.25%. Like the S&P, the gain was the largest since March 27
The Russell 2000 rose in the current week by 0.52%.