Big Tech stocks carried major U.S. indexes higher to close out the market’s latest roller-coaster week.
The S&P 500 rose 0.7 percent Friday, adding to its big gains over the previous three days. Spurts for Nvidia and other influential tech stocks sent the Nasdaq composite up 1.3 percent. The Dow Jones Industrial Average lagged the other indexes with a gain of just 0.1 percent.
More than half of the stocks within the S&P 500 fell as more CEOs said the uncertainty created by President Donald Trump’s trade war is making it difficult to give financial forecasts for the upcoming year.
On Friday:
The S&P 500 rose 40.44 points, or 0.7 percent, to 5,525.21.
The Dow Jones Industrial Average rose 20.10 points, or 0.1 percent, to 40,113.50.
The Nasdaq composite rose 216.90 points, or 1.3 percent, to 17,382.94.
The Russell 2000 index of smaller companies rose 0.03 points, less than 0.1 percent, to 1,957.62.
For the week:
The S&P 500 is up 242.51 points, or 4.6 percent.
The Dow is up 971.27 points, or 2.5 percent.
The Nasdaq is up 1,096.49 points, or 6.7 percent.
The Russell 2000 is up 76.99 points, or 4.1 percent.
For the year:
The S&P 500 is down 356.42 points, or 6.1 percent.
The Dow is down 2,430.72 points, or 5.7 percent.
The Nasdaq is down 1,927.85, or 10 percent.
The Russell 2000 is down 272.54 points, or 12.2 percent.
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