Stocks log first weekly loss since early May

By Dennis Seid

The Associated Press
NEW YORK – Stocks finished mixed Friday, leaving all the major indexes with their first weekly loss since early May. Tech, financial and retail stocks gained, while utilities and energy stocks were lower.
The market had started the day stronger following suprisingly good reports the day before on jobs and manufacturing. But with little in way of corporate or economic news Friday, prospects were poor for restarting a rally that powered the market up as much as 40 percent this spring after hitting its lowest level in more than a decade in early March.
The Dow Jones industrial average fell 15.87, or 0.2 percent, to 8,539.73.
The broader Standard amp& Poor’s 500 index rose 2.86, or 0.3 percent, to 921.23 and the Nasdaq composite index gained 19.75, or 1.1 percent, to 1,827.47.

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