After a Bumpy Week, It's a Mixed Finish for Stocks

Retailers and homebuilders fall
By Newser Editors and Wire Services
Posted Oct 19, 2018 3:25 PM CDT
After a Bumpy Week, It's a Mixed Finish for Stocks
Trader Jeffrey Vazquez works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew)

US stocks gave up an early rally and struggled to another mixed finish as investors continued to sell former favorites like retailers, the AP reports. Homebuilders also fell sharply Friday after a realtors' group reported that home sales fell for the sixth straight month in September. Beazer Homes gave up 4.1%. Health care companies dropped. Drugmaker Abbvie gave up 2.1%. Household goods makers rose. Procter & Gamble soared 8.8%, its biggest gain in a decade, after reporting strong earnings. The S&P 500 slipped 1 point to 2,767. The index ended a bumpy week little changed. The Dow Jones Industrial Average climbed 64 points, or 0.3%, to 25,444. The Nasdaq lost 36 points, or 0.5%, to 7,449. Bond prices fell. The yield on the 10-year Treasury rose to 3.19%. (More stock market stories.)

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