US Stocks Close Mostly Up Week With Mostly Down Day: Daily Markets Wrap

U.S. equities closed a moderately green week with a moderately red day on Friday, as the Dow Jones Industrial Average fell 74.92 points, or 0.60 percent, to 12,454.83; the S&P 500 index dropped 2.86 points, or 0.22 percent, to 1,317.82; and the Nasdaq Composite index dipped 1.85 points, or 0.07 percent, to 2,837.53.

On the last trading day before a holiday-shortened trading week, the utilities sector was the strongest, and the industrials sector was the weakest, indicating market participants had more of a risk-off outlook and less of a risk-on perspective.

For the week, the Dow Jones rose 85.45 points, or 0.69 percent; the S&P 500 gained 22.60 points, or 1.74 percent; and the Nasdaq climbed 58.74 points, or 2.11 percent.