Business
Dow Retreats on Financials Weakness. Nasdaq Rises 0.3%.
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.
