Stocks ended a wobbly day with mixed results on Wall Street. The S&P 500 index gave up an early gain and ended 0.1% lower Friday, giving the benchmark index its second losing week in a row.
Losses for a handful of Big Tech companies including Apple and Amazon helped drag the index lower. The Nasdaq gave back 0.5% and the Dow Jones Industrial Average rose 0.4%.
Investors remain focused on the possibility of inflation as the economy revs up after more than a year of shutdowns related to the pandemic.
On Friday:
The S&P 500 fell 3.26 points, or 0.1%, to 4,155.86.
The Dow Jones Industrial Average rose 123.69 points, or 0.4%, to 34,207.84.
The Nasdaq fell 64.75 points, or 0.5%, to 13,470.99.
The Russell 2000 index of smaller companies rose 7.51 points, or 0.3%, to 2,215.27.
For the week:
The S&P 500 is down 17.99 points, or 0.4%.
The Dow is down 174.29 points, or 0.5%.
The Nasdaq is up 41.02 points, or 0.3%.
The Russell 2000 is down 9.36 points, or 0.4%.
For the year:
The S&P 500 is up 399.79 points, or 10.6%.
The Dow is up 3,601.36 points, or 11.8%.
The Nasdaq is up 582.71 points, or 4.5%.
The Russell 2000 is up 240.41 points, or 12.2%.
Before you consider HCSB Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HCSB Financial wasn't on the list.
While HCSB Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
