April 13, 2018 - 1:25 PM
Bank stocks buckled on Friday, even after several reported fatter profits than analysts expected, and the sharp declines overshadowed gains elsewhere in the market to drag the S&P 500 lower.
On Friday:
The S&P 500 index fell 7.69 points, or 0.3 per cent, to 2,656.30.
The Dow Jones industrial average dropped 122.91, or 0.5 per cent, to 24,360.14.
The Nasdaq composite lost 33.60, or 0.5 per cent, to 7,106.65.
The Russell 2000 index of smaller-company stocks fell 7.82, or 0.5 per cent, to 1,549.51.
For the week:
The S&P 500 is up 51.83 points, or 2 per cent.
The Dow is up 427.38 points, or 1.8 per cent.
The Nasdaq is up 191.54 points, or 2.8 per cent.
The Russell 2000 is up 36.21 points, or 2.4 per cent.
For the year:
The S&P 500 is down 17.31 points, or 0.6 per cent.
The Dow is down 359.08 points, or 1.5 per cent.
The Nasdaq is up 203.26 points, or 2.9 per cent.
The Russell 2000 is up 14.00 points, or 0.9 per cent.
News from © The Associated Press, 2018