Stocks eke out small gains, still headed for weekly loss

Friday, November 12, 2021, Vol. 45, No. 46
The Associated Press

Stocks managed to close mostly higher on Wall Street Thursday, but the S&P 500 is still on track for its first weekly loss in six weeks.

The benchmark index eked out a gain of under 0.1%, while gains in technology companies helped push the Nasdaq up 0.5%. The mixed showing came a day after a surge in inflation tripped up major indexes.

Disney sank 7.1% in heavy trading after reporting a slowdown in subscriber gains at its streaming channel.

Beyond Meat dropped 13.3% after reporting a much wider loss than analysts were expecting.

Bond trading was closed for Veterans Day.