In the Markets – Week-Ending May 27
U.S. stocks closed slightly higher Friday, turning in their largest weekly gains in months, as Federal Reserve Chairwoman Janet Yellen signaled a rate hike may be justified over the summer.
In the Markets – Week-Ending May 20
U.S. stocks closed higher Friday as fears of a June Federal Reserve rate-hike eased following a Thursday selloff. The Dow Jones Industrial Average DJIA, +0.38% rose 65.54 points, or 0.4%, to close at 17,500.94, but was down 0.2% for the week for a fourth straight week of losses.
In the Markets – Week-Ending May 13
US stocks sold off on Friday despite stronger-than-expected retail sales data. S&P 500 and Dow industrials posted their third consecutive weekly declines.