Dow, S&P 500 rise after bumpy weekBALANCING ACT: Facebook gained 2% and Tesla rose 2.7%, lifting the two indices and outweighing the 6.3% decline Nike posted after it reduced its full-year sales estimateReutersThe Dow and S&P 500 on Friday edged higher and ended a turbulent week with slight increases, helped by gains in Tesla Inc and Facebook Inc that offset a tumble by Nike Inc. On the flip side, Facebook climbed 2 percent and Tesla rose 2.7 percent. The Dow Jones Industrial Average rose 33.18 points, or 0.1 percent, to 34,798, the S&P 500 gained 6.5 points, or 0.15 percent, to 4,455.48 and the NASDAQ Composite dropped 4.54 points, or 0.03 percent, to 15,047.7. For the week, the Dow was up 0.62 percent, the S&P 500 gained 0.51 percent and the NASDAQ gained 0.02 percent. The S&P 500 posted 21 new 52-week highs and six new lows, while the NASDAQ Composite recorded 82 new highs and 73 new lows.

Source: Taipei Times September 25, 2021 15:56 UTC