Dow Jones stock index notch third straight decline
U.S. stock index gave up substantial early gains to close lower Friday after the World Health Organization flagged that the COVID-19 pandemic remains a deadly threat, and Apple said it would re-close a few stores because of rising virus cases. All three equity benchmarks still made weekly gains, though.
How did benchmarks perform?
The Dow Jones Industrial Average DJIA, – 0.80% shut 208.64 points lower, down 0.8%, at 25,871.46, in the wake of being as much as 371 points higher at an intraday top at 26,451.44. The S&P 500 list SPX, – 0.56% fell 17.60 points, or 0.6%, to close at 3,097.74, yet hit an intraday top at 3,155.53. The NASDAQ Composite Index COMP, +0.03% included 3.07 points, under 0.1%, to close at 9,946.12.
For the week, the Dow rose 1%, the S&P 500 increased by 1.9%, and the NASDAQ returned 3.7%.
How did other assets perform?
West Texas Intermediate U.S. crude h CLN20, +1.51% was up 2% at $39.63 a barrel on the New York Mercantile Exchange, following an OPEC checking council meeting. The item is up over 10% for the week and taking a gander at its most noteworthy close since June 8.
The greenback rose 0.2% to 97.58, as measured by the ICE U.S. Dollar list DXY, +0.24%.
In bullion trading, August gold GCM20, +1.24% on Comex rose $21.90, or 1.3%, to settle at $1,753 an ounce, the most noteworthy completion for a most-active contract since May 15 and a modest 0.9% weekly increase.
The 10-year Treasury note yield TMUBMUSD10Y, 0.699% was flat at 0.70%. Security costs move the other way of yields.
In worldwide values, the Stoxx Europe 600 record SXXP, +0.56% shut 0.6% higher, at 365.46, while the FTSE 100 list UKX, +1.10% added 1.1% to close at 6,292.60.
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