Dow Ends Day Down 28
But stocks ended sharply higher for the week
By Newser Editors and Wire Services
Posted Apr 15, 2016 3:16 PM CDT
Trader Ryan Falvey, center, on the floor of the New York Stock Exchange, Monday, April 11, 2016.   (AP Photo/Richard Drew)

(Newser) – US stocks fell slightly as a dip in oil prices dragged energy companies lower, but for the week stocks ended sharply higher. Trading was quiet Friday as investors looked ahead to weekend meetings on the global economy and oil. Oil fell 3% and made the energy sector worst performer by far in the Standard & Poor's 500 index. Utility companies led the gainers. The Dow Jones industrial average fell 28 points Friday, or 0.2%, to close at 17,897. The Dow finished the week up 1.8%. The S&P 500 fell 2 points, or 0.1%, to 2,080. The Nasdaq composite fell 7 points, or 0.2%, to 4,938.

 

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