Stocks end mixed on Wall Street; S&P 500 manages weekly gain [Los Angeles Times (CA)]
Cabot Oil & Gas Corporation (COG)
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Source: Los Angeles Times
The benchmark index rose 0.1% after spending much of the day wavering between small gains and losses. The Dow Jones industrial average also eked out a 0.1% gain. The Nasdaq composite and the Russell 2000 index of small-company stocks fell. Slightly more stocks in the S&P 500 rose than fell, with communication services companies and banks driving much of the increase. Healthcare and real estate stocks posted some of the biggest losses. The index ended with a 0.5% gain for the week. The modest showing followed a two-day rally that helped erase a slump earlier in the week. Investors have been facing similar choppiness throughout September as they try to gauge how the economy will continue its recovery. Advertisement “The market today was sort of catching its breath after the sharp slump in the first two days of the week and the sharp advance in the second two days of the week,” said Sam Stovall, chief investment strategist at CFRA. Business How do influencers make money? And
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