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Dow Retreats on Financials Weakness. Nasdaq Rises 0.3%.

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Oil Extends Fall as Traders Assess Russia-Ukraine Peace Talk Prospects

A heavy slide in financial stocks pushed the Dow lower on Friday, cementing a second consecutive weekly decline for the blue-chip index.

The Dow Jones Industrial Average fell 0.6%, or 274 points, on Friday. The S&P 500 was flat while the Nasdaq Composite gained 0.3%.

Despite the Dow’s back-to-back weekly loss, the index remains about one percent off from a record close.

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