Wall Street’s worst week in six months closed on another weak note
ByThe Associated Press
September 22, 2023, 4: 18 PM
Wall Street’s worst week in six months closed on another weak note.
The S&P 500 gave up an early gain and ended 0.2% lower Friday. The Dow Jones Industrial Average lost 106 points, and the Nasdaq composite slipped 0.1%. Stocks slid this week because of the growing understanding that interest rates likely won’t come down much anytime soon.
Treasury yields eased a bit after jumping earlier in the week to their highest levels in more than a decade. That gave stocks a bit of