Dow ends 4-week winning streak despite US stocks closing with gains

Dow ends 4-week winning streak despite US stocks closing with gains

Blue-chip index loses 0.23% this week; S&P 500 falls 0.1%, Nasdaq declines 0.42%

By Ovunc Kutlu

ISTANBUL (AA) - The Dow Jones ended a four-week winning streak despite US stocks closing with gains Friday.

The blue-chip index was up 22 points, or 0.07%, to end at 33,808. It lost 0.23% for the week.

The S&P 500 rose three points to finish the session at 4,133 but declined 0.1% this week.

The tech-heavy Nasdaq increased 12 points, or 0.11%, to close at 12,072 but it posted a weekly decrease of 0.42%.

The VIX volatility index, also known as the fear index, shed 2.3% to 16.77. Meanwhile, the 10-year US Treasury yield rose 0.65% to 3.568%.

The dollar index lost 0.1% to 101.72, while the euro rose 0.2% to $1.0990 against the greenback.

Precious metals were in negative territory, with gold trimming 1% to $1,983 per ounce and silver falling 0.8% to $25.09.

Oil prices rose around 0.9%, with global benchmark Brent crude at $81.85 per barrel and US benchmark West Texas Intermediate crude sitting at $77.82.


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