Stocks End Sluggish Week With Small Gains

Energy, industrial companies rose Friday
By Newser Editors and Wire Services
Posted Mar 16, 2018 3:29 PM CDT
In this Oct. 25, 2016 file photo, a pedestrian walks past the New York Stock Exchange in lower Manhattan.   (AP Photo/Mary Altaffer, File)

(Newser) – The stock market eked out a small gain Friday but still ended the week lower after several days of losses, the AP reports. Energy companies rose along with the price of crude oil. ConocoPhillips gained 1.7%. Banks and industrial companies also ended higher. PNC Financial rose 1.4% and farming equipment maker Deere & Co. rose 2.7%. Tiffany lost 5% after a weak sales report and disappointing forecast.

The S&P 500 rose 4 points, or 0.2%, to 2,751. The Dow Jones industrial average climbed 72 points, or 0.3%, to 24,946. The Nasdaq composite edged up a fraction of a point to 7,481. Bond prices fell. The yield on the 10-year Treasury rose to 2.84%.


My Take on This Story
Show results without voting  |  
32%
41%
9%
5%
14%
0%