Stocks shrugged off a sluggish start and ended mostly higher on Wall Street Friday.
The S&P 500 managed a modest gain, but still posted its first weekly loss in four weeks. The Dow Jones Industrial Average closed with a small loss.
Gains in communication services, health care and other sectors outweighed a decline in technology and energy companies. Treasury yields remained near their highest levels since June.
On Friday:
The S&P 500 rose 11.90 points, or 0.3%, to 3,465.39.
The Dow Jones Industrial Average dropped 28.09 points, or 0.1%, to 28,335.57.
The Nasdaq composite gained 42.28 points, or 0.4%, to 11,548.28.
The Russell 2000 small-cap index added 10.25 points, or 0.6%, to 1,640.50.
For the week:
The S&P 500 fell 18.42 points, or 0.5%.
The Dow lost 270.74 points, or 0.9%.
The Nasdaq dropped 123.27 points, or 1.1%.
The Russell 2000 gained 6.69 points, or 0.4%.
For the year:
The S&P 500 is up 234.61 points, or 7.3%.
The Dow is down 202.87 points, or 0.7%.
The Nasdaq is up 2,575.68 points, or 28.7%.
The Russell 2000 is down 27.97 points, or 1.7%.
15 REITS Analysts Can't Stop Recommending
There are more than 200 publicly-traded real-estate investment trusts (REITs) that you can buy through your brokerage account. Given the sheer number of REITs, it can be hard to identify which real-estate stocks are going to outperform the market.
Fortunately, Wall Street's brightest minds have already done this for us. Every year, analysts issue approximately 4,000 distinct recommendations for REITs. Analysts don't always get their "buy" ratings right, but it's worth taking a hard look when several analysts from different brokerages and research firms are giving "strong buy" and "buy" ratings to the same REIT.
This slide show lists the 15 REITs that have the highest average analyst recommendations from Wall Street's equities research analysts over the last 12 months.
View the "15 REITS Analysts Can't Stop Recommending".
