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Nasdaq Rises 1.09%, but U.S. Indexes End Week Lower

The Nasdaq Composite fell 3.4% for the week through Nov. 6, the steepest decline among the three major U.S. stock indexes.

The Nasdaq Composite ended Friday, Nov. 6, up 1.09%, but that gain did not reverse its 3.4% weekly decline, leaving all three major U.S. stock indexes lower for the week.

The Nasdaq added 264.43 points to close at 24,579.42 at 4 p.m. ET (9 p.m. UTC). Its closing gain was smaller than an earlier intraday reading of 2.08% from the same session.

The S&P 500 rose 0.3% Friday to 7,376.86, while the Dow Jones Industrial Average fell 0.5% to 51,285.73. For the week through Nov. 6, the S&P 500 lost 2.7% and the Dow declined 0.9%.

The Nasdaq’s 3.4% weekly drop was the largest of the three indexes. Friday’s advance narrowed its loss but was not enough to turn its weekly performance positive.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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