How major US stock indexes fared Friday
May 14, 2021, 1:24 AM | Updated: 10:38 pm
Stocks closed higher for the second day in a row Friday but still ended with a weekly loss after three sizable drops earlier in the week.
The S&P 500 added 1.5%, but still lost 1.4% for the week. Another bounce back in tech shares pushed the Nasdaq 2.3% higher.
Retailers, banks, communication companies and industrial stocks also helped lift the market. Energy stocks also rose as the price of U.S. crude oil climbed 2.4%.
On Friday:
The S&P 500 rose 61.35 points, or 1.5%, to 4,173.85.
The Dow Jones Industrial Average rose 360.68, or 1.1%, to 34,382.13.
The Nasdaq rose 304.99 points, or 2.3%, to 13,429.98.
The Russell 2000 index of smaller companies rose 53.68 points, or 2.5%, to 2,224.63.
For the week:
The S&P 500 fell 58.75 points, or 1.4%.
The Dow fell 395.63 points, or 1.1%.
The Nasdaq fell 322.26 points, or 2.3%.
The Russell 2000 fell 47 points, or 2.1%.
For the year:
The S&P 500 is up 417.78 points, or 11.1%.
The Dow is up 3,775.65 points, or 12.3%.
The Nasdaq is up 541.70 points, or 4.2%.
The Russell 2000 is up 249.77 points, or 12.6%.
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