How the Dow Jones industrial average did Friday

Published on NewsOK Modified: September 12, 2014 at 4:19 pm •  Published: September 12, 2014
Advertisement
;

NEW YORK (AP) — The stock market logged its first weekly loss since early August on Friday after a report showed that retail sales in August rose more than economists had forecast. That reinforced expectations that the Federal Reserve could start hiking interest rates sooner than expected.

Dividend-rich utility stocks and energy stocks led the losses.

On Friday:

The Dow Jones industrial average fell 61.49 points, or 0.4 percent, to 16,987.51

The Standard & Poor's 500 index rose 11.91 points, or 0.6 percent, to 1,987.54

The Nasdaq composite dropped 24.21 points, or 0.5 percent, to 4,567.60

For the week:

The Dow is down 149.85 points, or 0.9 percent.

The S&P 500 is down 22.17 points, or 1.1 percent.

The Nasdaq is down 15.30 points, or 0.3 percent.

For the year:

The Dow is up 410.85 points, or 2.5 percent.

The S&P 500 index is up 137.18 points, or 7.4 percent.

The Nasdaq is up 391.01 points, or 9.4 percent.