Markets End Week With a Mixed Finish

Falling oil prices pulled down energy stocks
By Newser Editors and Wire Services
Posted Jan 11, 2019 3:24 PM CST
Trader Tommy Kalikas works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew)

(Newser) – Stocks drifted to a mixed finish on Wall Street as falling oil prices tugged energy stocks lower. Small-company stocks rose, the AP reports. The S&P 500 edged lower Friday, ending a five-day winning streak but still ending with its third straight weekly gain. That followed a brutal stretch in December marked by many large moves, mostly down. Energy stocks fell as the price of oil turned lower after nine straight days of gains. Activision Blizzard plunged 9% after announcing that its partnership with video game developer Bungie was ending. The S&P 500 slipped less than 1 point to 2,596. The Dow Jones Industrial Average slipped 5 points to 23,995. The Nasdaq fell 14 points, or 0.2%, to 6,971. Bond prices rose. The yield on the 10-year Treasury fell to 2.70%. (Read more stock market stories.)

My Take on This Story
Show results without voting  |  
11%
44%
15%
7%
19%
4%