How major US stock indexes fared Friday, 9/20/2024
A record-setting week for Wall Street closed on a quieter note
By The Associated Press
Published - Sep 20, 2024, 04:30 PM ET
Last Updated - Dec 16, 2024, 07:02 PM EST
A record-setting week for Wall Street closed on a quieter note.
U.S. stocks mostly pulled back from their highs hit during a worldwide rally the day before, even as the Dow Jones Industrial Average edged up to another record. The S&P 500 fell 0.2% Friday, but it still had its fifth winning week in the last six. The Dow eked out a gain of 0.1%. The Nasdaq composite fell 0.4%.
FedEx sank after its profit and revenue for the latest quarter fell short of expectations. Nike rose after naming a new CEO. Treasury yields held steady in the bond market.
On Friday: