| Dow | 12,380.05 | -29.44 | -0.24% |
By: Abby Schultz, JeeYeon Park
Stocks posted modest losses ahead of the weekend, and ended largely flat for the week, amid surging oil prices, and as Congress seemed on track to trigger a government shutdown by failing to agree to a budget for the rest of the fiscal year.
The Dow Jones Industrial Average fell 29.44 points to close at 12,380.05. For the week, the Dow closed up 0.03 percent.
The S&P 500 fell 5.34 points, or 0.04 percent, to close at 1,328.17. For the week, the S&P 500 fell 0.32 percent
The Nasdaq fell 15.73 points, or 0.56 percent, Friday to close at 2,780.41. For the week, the Nasdaq fell 0.33 percent.
The CBOE Volatility Index, widely considered the best gauge of fear in the market, rose to nearly 18.
Most of the market action on Friday was in commodities as gold soared to yet another new record, closing above $1,473 an ounce. Meanwhile, the dollar sank against the euro, which rose after the European Central Bank raised a key interest rate by 0.25 percent on Thursday
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Hi CW,
ReplyDeleteJoin me to buy gold and silver on any pull back. :)
Have we missed the silver boat?