class="abc_business-template-default single single-abc_business postid-253299 custom-background group-blog header-image full-width singular wpb-js-composer js-comp-ver-5.1.1 vc_responsive"

US stocks close higher, post weekly decline


(NEW YORK) — U.S. stocks closed in the green on Friday, but the major indexes posted sharp losses for the week.

The Dow Jones Industrial Average gained 14.31 (+0.07 percent) to finish at 21,858.32.

The Nasdaq climbed 39.68 (+0.64 percent) to close at 6,256.56, while the S&P 500 finished at 2,441.32, up 3.11 (+0.13 percent) from its open.

Crude oil less than 0.5 percent higher with prices at $49 per barrel.

Winners and Losers: Among the tech leaders, Apple, Inc.’s shares jumped 1.39 percent and Microsoft Corporation climbed 1.53 percent.

J.C. Penney Co. Inc. reported quarterly losses that were lower than investors’ expectations, causing the stock to crater 16.56 percent.

Copyright © 2017, ABC Radio. All rights reserved.

© 2017 Nebraska Rural Radio Association. All rights reserved. Republishing, rebroadcasting, rewriting, redistributing prohibited. Copyright Information