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MarketWatch

Dow ends lower Friday, S&P 500 ekes out gain, but stocks book 3rd straight week of losses

Major U.S. stock indexes closed mixed Friday, but finished a turbulent week sharply lower on fears that high inflation and tighter financial conditions could derail the economy. The Dow Jones Industrial Average fell about 40 points, or 0.1%, closing near 29,886 and booking at 4.8% weekly decline. The S&P 500 index rose 0.2% Friday, but fell 5.8% for the week, while the Nasdaq Composite Index gained 1.4% Friday and shed 4.8% for the week. The S&P 500 officially entered a bear market this week, wh

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