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VOL. 45 | NO. 43 | Friday, October 22, 2021
Stocks end mixed on Wall Street, still notch weekly gains
Stocks ended up with a mixed finish on Wall Street Friday after another choppy day of trading, but major indexes still marked their third weekly gains in a row.
The S&P 500 slipped 0.1% as sizable drops in several big tech companies outweighed gains in other sectors. The benchmark index had set its latest record high a day earlier.
The Dow Jones Industrial Average rose 0.2% and the Nasdaq retreated 0.8%.
Intel sank after the giant chipmaker's revenue fell short of forecasts, and Snapchat's parent company plunged after saying its ad sales are being hurt by a privacy crackdown on iPhones.