Stock indexes finished mostly higher on Wall Street Friday as technology, real estate and utilities companies outweighed losses elsewhere in the market.
The major indexes finished with their second straight weekly gain. Bond yields fell and the price of gold rose as traders remained cautious following China’s report Thursday of a surge in cases of a new virus that raised fears of a slowdown in global economic growth.
U.S. stock markets will be closed Monday for the President’s Day holiday.
The S&P 500 index rose 6.22 points, or 0.2%, to 3,380.16.
The Dow Jones Industrial Average dropped 25.23 points, or 0.1%, to 29,398.08.
The Nasdaq composite gained 19.21 points, or 0.2%, to 9,731.18.
The Russell 2000 index of smaller companies slid 6.15 points, or 0.4%, to 1,687.58.