Global stock indices were mixed Friday but mostly lower for the week (只備英文版)
US stocks meandered with a lack of direction Friday after Thursday’s rebound. The major averages spent much of the day gyrated around the unchanged line before ending the session mixed. The Dow Jones industrials were up 0.5 percent and the S&P added 0.2 percent. But the Nasdaq retreated 0.2 percent. For the week, the major averages all posted steep losses. The Dow sank 2.2 percent, the Nasdaq tumbled 2.1 percent and the S&P slumped 1.6 percent. Traders seemed reluctant to make more significant moves amid lingering uncertainty about the global economic outlook and renewed anxiety about Brexit.
Global stocks were mixed thanks to Brexit ructions (只備英文版)
US stocks recovered from an early slide Thursday and in the process broke a five-day losing streak. Gains in technology companies, banks and industrial stocks outweighed losses among big retailers, homebuilders and utilities. Energy stocks rose along with crude oil. European indexes finished mostly lower as the British pound slumped amid discord over a new deal for Britain's departure from the European Union next spring. The Dow Jones industrials were up 0.8 percent, the S&P added 1.1 percent and the Nasdaq soared 1.7 percent.