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VOL. 42 | NO. 42 | Friday, October 19, 2018
US stock indexes end a bumpy week mixed
NEW YORK (AP) — U.S. stocks gave up an early rally and struggled to another mixed finish as investors continued sell former favorites like retailers.
Homebuilders also fell sharply Friday after a realtors' group reported that home sales fell for the sixth straight month in September. Beazer Homes gave up 4.1 percent.
Health care companies dropped. Drugmaker Abbvie gave up 2.1 percent.
Household goods makers rose. Procter & Gamble soared 8.8 percent, its biggest gain in a decade, after reporting strong earnings.
The S&P 500 slipped 1 point to 2,767. The index ended a bumpy week little changed.
The Dow Jones Industrial Average climbed 64 points, or 0.3 percent, to 25,444. The Nasdaq lost 36 points, or 0.5 percent, to 7,449.
Bond prices fell. The yield on the 10-year Treasury rose to 3.19 percent.