Dow, S&P 500, Nasdaq end week lower — chip rally, bank jitters, and next week’s big tests
The Dow fell 83.11 points to 49,359.33 Friday, with the S&P 500 and Nasdaq also ending lower; all three major indexes posted weekly losses. The Russell 2000 small-cap index closed at a record high. Chipmakers gained late in the week, while financial stocks declined on policy concerns. Markets reopen Tuesday after the holiday, with earnings and a Supreme Court case on the Fed in focus.