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VOL. 45 | NO. 21 | Friday, May 21, 2021
Stocks end a wobbly day mixed; S&P 500 posts a weekly loss
The Associated Press
Stocks ended a wobbly day with mixed results on Wall Street.
The S&P 500 index gave up an early gain and ended 0.1% lower Friday, giving the benchmark index its second losing week in a row.
Losses for a handful of Big Tech companies including Apple and Amazon helped drag the index lower. The Nasdaq gave back 0.5% and the Dow Jones Industrial Average rose 0.4%.
Investors remain focused on the possibility of inflation as the economy revs up after more than a year of shutdowns related to the pandemic.
The yield on the 10-year Treasury note fell to 1.62%.