Wall Street hangs near records as it closes its best week of the year

Friday, March 22, 2024, Vol. 48, No. 12

NEW YORK (AP) — Wall Street had a wobbly finish to its best week of the year so far.

The S&P 500 ended 0.1% lower Friday after spending the day bouncing between gains and losses. It set all-time high in each of the last three days.

The Dow Jones Industrial Average slumped 0.8%, and the Nasdaq composite edged up 0.2%. Nike dragged on the market despite reporting stronger results than expected.

Digital World's stock flipped to a loss in shaky trading after its shareholders approved a deal to merge with former President Donald Trump's social media company.

Treasury yields eased in the bond market.