Stocks opened lower Friday and stayed there through the close. Amid bare economic and earnings calendars, market participants tracked developments in the Middle East and higher oil prices, which have muddied the outlook for interest rates.
At the close, the blue-chip Dow Jones Industrial Average was down 1.0% at 45,577, the broader S&P 500 was off 1.5% at 6,506, and the tech-heavy Nasdaq Composite was 2.0% lower at 21,647. All three benchmarks notched a fourth straight weekly loss – the Dow's worst weekly losing streak since February 2023.
