How major US stock indexes fared Friday

Stocks closed out a tumultuous week on Wall Street Friday with broad gains, led by familiar names in technology, including Apple.

The S&P 500 rose 1.4%, but still ended the week lower, breaking a two-week winning streak. Stocks meandered between gains and losses for much of the morning then rose steadily in the afternoon. The calm trading offered a soothing coda to another turbulent week for stocks amid the mounting economic toll from the coronavirus pandemic.

On Friday:

The S&P 500 index rose 38.94 points, or 1.4%, to 2,836.74.

The Dow Jones Industrial Average gained 260.01 points, or 1.1%, to 23,775.27.

The Nasdaq climbed 139.77 points, or 1.6%, to 8,634.52.

The Russell 2000 index of smaller company stocks picked up 18.99 points, or 1.6%, to 1,233.05.

For the week:

The S&P 500 lost 37.82 points, or 1.3%.

The Dow slid 467.22 points, or 1.9%.

The Nasdaq dropped 15.62 points, or 0.2%

The Russell 2000 gained 3.96 points, or 0.3%.

For the year:

The S&P 500 is down 394.04 points, or 12.2%.

The Dow is down 4,763.17 points, or 16.7%.

The Nasdaq is down 338.09 points, or 3.8%

The Russell 2000 is down 435.42 points, or 26.1%.

Other News

Miner BHP Billiton suffers $6.4 billion loss for 2015-16

Aug 16, 2016

The world's biggest miner, BHP Billiton, on Tuesday reported a $6.4 billion loss _ the Anglo-Australian company's worst ever full-year result

Home Depot rides housing boom to record sales, profit

Aug 16, 2016

Home Depot posted record sales and earnings during its second quarter and raised its profit expectations for the year as housing market continues to warm up

Insurers continue to abandon ACA exchanges, limiting choice

Aug 16, 2016

Aetna will abandon for next year Affordable Care Act insurance exchanges in more than two-thirds of the counties where it sells coverage, making it the latest major health insurer to cuts choices in many markets

The Budget Report seeks to provide comprehensive coverage and analysis on the current economic, financial issues around the world. First hand finance and economic news all day, every day.