TELETRADER News
8/19/2016, 10:18 PM (Source: TeleTrader)
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Closing bell: Markets end week slightly lower

Main Wall Street stock markets ended the trading day – and the week – with modest losses, save for the Nasdaq, which was the best performer. Investors were dividing their attention between the 'Fedspeak,' which increasingly sounded hawkish, as more Fed officials advocated a sooner rate hike, maybe even in September.

The Dow Jones Industrial Average fell 0.24% to 18,552 points, to finish 0.13% this week. Wal-Mart, McDonald's, Exxon Mobil and Chevron weighed heavy. Nike added 2.95%.

The S&P 500 closed down 0.15% and was at proper 0 this week. Deere & Co. soared 13.66% after reporting not so impressive quarter.

The Nasdaq 100 index finished 0.05% lower; it lost 0.02% for the week. Liberty, DISH Network and Comcast underperformed. Applied Materials enjoyed a 7.08% gain.

The Nasdaq Composite was off 0.03%, adding 0.10% this week.

The U.S. dollar index rose 0.36% to 94.49. The greenback rose 0.28% against the euro and was up 0.56% versus the Swiss franc. The greenback added 0.25% against the Japanese yen and strengthened 0.60% to the Canadian dollar at 10:18 p.m. CET.

Breaking the News / ZR