Economy

US Market Indexes Mostly Higher

US Market Indexes Mostly Higher”

US stock indexes closed mostly higher Friday as gains for energy, phone and industrial companies made up for losses elsewhere.

"Armenpress" reports the value of Dow Jones down by 0.04% to 22349.59 points, S&P 500 up by 0.06% to 2502.22 points, Nasdaq up by 0.07% to 6426.92 points.

Both indexes rose around 0.1 percent for the week. The Dow Jones industrial average moved off earlier lows, closing down 9.64 points to settle at 22,349.59, with Apple continuing to add to its weekly decline and UnitedHealth leading the decliners. North Korea returned to the forefront after the country's foreign minister Ri Yong Ho said late Thursday at a United Nations meeting that his country might consider a nuclear bomb of "unprecedented scale" in the Pacific.

The Purchasing Managers' Composite Index decreased to 54.6 from 56.0.

In the broad market, energy stocks led gains, and real estate led losses.

The S&P 500 is up 263.39 points, or 11.8 percent. The Dow closed out its second consecutive week of gains, up 0.4% on the week. The Russell 2000 gained 0.49% to set a new record close.



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