Market Ekes Out Gains to Cap Solid Week

Dow manages to rise 8 points
By Newser Editors and Wire Services
Posted Sep 14, 2018 3:14 PM CDT
Trader Michael Milano works on the floor of the New York Stock Exchange Friday.   (AP Photo/Richard Drew)
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(Newser) – Stocks ended an up-and-down day with slight gains on Wall Street, capping a solid week, per the AP. The S&P 500 index rose less than 1 point to 2,904, its 5th gain in a row, while the Dow Jones Industrial Average edged up 8 points to 26,154 and the Nasdaq composite slipped 3 points to 8,010. Smaller companies rose more than the rest of the market on Friday following signs of sustained economic growth and reports that more tariffs on Chinese goods could be on the way. The market got off to a solid start after the Federal Reserve said production of cars and energy jumped in August. Bond yields rose, which benefited financial stocks, and the yield on the 10-year Treasury note increased to 2.99%. (Read more stock market stories.)

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