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Stocks waver while crude oil prices fall for the first time in a week

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Stocks waver while crude oil prices fall for the first time in a week
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NEW YORK — Stocks wavered Friday as oil prices slipped for the first time in a week, but Wall Street is still heading for a losing week. The index is on track for its second consecutive losing week, which hasn’t happened since March. The Dow Jones Industrial Average rose 76 points, or 0.2%, as of 9:53 a.m.

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The Washington Times files mainly under politics. We currently carry 181 of its stories.

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The Washington Times
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NEW YORK — Stocks wavered Friday as oil prices slipped for the first time in a week, but Wall Street is still heading for a losing week. The S&P 500 fell 0.1%. The index is on track for its second consecutive losing week, which hasn’t happened since March. The Dow Jones Industrial Average rose 76 points, or 0.2%, as of 9:53 a.m. Eastern time. The Nasdaq fell 0.6%., weighed down by sharp losses from several big stocks. Both indexes are also on track for weekly losses. Micron Technology fell 5.7% and Broadcom fell 2.8%. Both companies have large market values that tend to weigh more heavily on the market. They were big reasons for the technology-heavy Nasdaq losing more ground and for the broader market being kept in check despite more gainers than losers within the S&P 500.

Excerpt limited to ~120 words for fair-use compliance. The full article is at The Washington Times.

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