US stocks ended Friday slightly lower. Losses across several sectors weighed on the market.
The Dow Jones Industrial Average slipped 0.04%. The S&P 500 fell 0.03%. The Nasdaq Composite dropped 0.09%. It was a quiet but negative finish.
On the Dow, Nike was one of the bright spots. The stock rose 1.52% and closed at 60.91. UnitedHealth gained 1.30% to finish at 331.83. 3M also moved higher, up 1.09% to 162.08.
Some big names moved lower. McDonald’s fell 0.85% to 310.68. Disney dropped 0.80% to 113.56. Boeing slipped 0.79% to 216.44.
The S&P 500 had a mix of winners and losers. Target stood out with a strong gain. Its shares jumped 3.13% to 99.55. Freeport McMoRan climbed 2.18% to 53.05 and hit a 52 week high. Deckers Outdoor rose 2.12% to 103.09.
On the downside, Moderna dropped sharply. The stock fell 4.70% to 31.21. Palantir lost 2.81% to 188.71. Brown Forman slid 2.66% to 26.18.
The Nasdaq saw some extreme moves. A SPAC III Acquisition surged nearly 79% and reached an all time high. Picocela jumped more than 74%. Davis Commodities rose over 67%.
At the same time, several stocks collapsed. Vivakor plunged almost 65% to an all time low. Aptevo Therapeutics dropped nearly 35%. Greenland Acquisition fell more than 25%, also hitting a record low.
Market breadth was mixed. On the NYSE, advancing stocks slightly outnumbered decliners. On the Nasdaq, more stocks fell than rose.
Volatility ticked up. The VIX rose almost 1% and ended at 13.60.
In commodities, gold moved higher. February gold futures rose 1.36% to $4,563.95. Oil prices fell again. US crude dropped 2.37% to $56.97. Brent crude fell 2.15% to $60.90.
In currency markets, the euro was mostly flat against the dollar at 1.18. The dollar strengthened against the yen, rising to 156.58. The US Dollar Index edged slightly higher to 97.71.
Overall, it was a calm session with mild losses as markets closed out the week.
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