Dow, Nasdaq Notch Weekly Wins As S&P 500 Slips
Stocks remained volatile this triple-witching Friday, ultimately closing mixed. Investors continued to monitor the Israel-Iran conflict, after President Trump paused his decision on the U.S.' involvement by two weeks. Also in focus is Fed interest rate rhetoric, as well as the semiconductor sector slide, which came after news the U.S. may revoke previously awarded waivers to manufacturers overseas.
The Dow finished the day modestly higher, while the Nasdaq dropped 98 points, with both managing to eke out weekly wins. The S&P 500, meanwhile, marked its third-straight daily loss and settled into the red for the week.
OIL RISES FOR THE WEEK
Oil prices moved quietly today, still finishing sharply higher on the week. July-dated West Texas Intermediate (WTI) crude rose 4 cents to $75.18 per barrel today.
Bullion notched a weekly loss. For the day, U.S. gold futures settled 0.7% lower to $3,385.70.
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