Home / Market Update / Global Stock Market / NYSE Ends Friday Mixed but Records Weekly Gains

NYSE Ends Friday Mixed but Records Weekly Gains

The New York Stock Exchange (NYSE) showed a mostly negative performance on Friday, as weak economic data in the United States weighed on the stock market, amid concerns over a second wave of the COVID-19 pandemic.

The Dow Jones Industrial Average added 0.1%, while S&P 500 lost less than 0.1%, failing for the third day in a row to break its record for the all-time highest closing level.

The Dow added 1.8% during the week, while S&P 500 increased by 0.6%.

The Nasdaq Composite lost 0.2%, limiting its weekly gains to 0.1%.

Check Also

What Signal Does FedEx’s Earnings Miss Convey About US Economy?

The recent earnings report from FedEx has sent shockwaves through the financial markets, raising serious …