US close: Major indices deliver losing week
Wall Street stocks closed lower on Friday, with major indices recording a losing week.
At the close, the Dow Jones Industrial Average was down 0.45% at 30,822,42, while the S&P 500 was 0.72% weaker at 3,873.33 and the Nasdaq Composite saw out the session 0.90% softer at 11,448.40.
The Dow closed 139.40 points lower on Friday, extending losses recorded in the previous session as market participants digested a number of key data points.
FedEx shares slumped on Friday, with the stock heading south after the shipping giant withdrew full-year guidance and said it had been forced to implement cost-cutting initiatives in order to combat soft global shipment volumes amid "significantly" worsening macroeconomic trends.
On the macro front, a preliminary reading of the University of Michigan's consumer sentiment index rose to a five-month high of 59.5 in September, up from 58.2 in August but short of forecasts for a reading of 60.
No major earnings were slated for release on Friday.
Reporting by Iain Gilbert at Sharecast.com
Dow Jones - Risers
Home Depot Inc. (HD) $275.97 1.63%
Amgen Inc. (AMGN) $231.14 1.53%
Johnson & Johnson (JNJ) $167.60 1.53%
International Business Machines Corporation (CDI) (IBM) $127.27 1.42%
Intel Corp. (INTC) $29.24 1.39%
Merck & Co. Inc. (MRK) $87.72 1.12%
Procter & Gamble Co. (PG) $138.28 0.61%
McDonald's Corp. (MCD) $255.20 0.57%
Verizon Communications Inc. (VZ) $41.26 0.54%
3M Co. (MMM) $116.61 0.16%
Dow Jones - Fallers
Boeing Co. (BA) $144.29 -3.67%
Chevron Corp. (CVX) $156.45 -2.60%
Walt Disney Co. (DIS) $108.25 -2.27%
Salesforce.Com Inc. (CRM) $151.51 -2.11%
American Express Co. (AXP) $153.08 -1.95%
Caterpillar Inc. (CAT) $179.47 -1.65%
Goldman Sachs Group Inc. (GS) $326.21 -1.63%
Nike Inc. (NKE) $104.22 -1.31%
Travelers Company Inc. (TRV) $162.29 -1.11%
Apple Inc. (AAPL) $150.70 -1.10%
S&P 500 - Risers
Iron Mountain Inc (New) (IRM) $55.29 3.35%
Newmont Corporation (NEM) $43.71 3.09%
Dollar Tree Inc (DLTR) $141.92 2.89%
Nordstrom Inc. (JWN) $18.92 2.89%
Lennar Corp. Class A (LEN) $75.79 2.67%
Sl Green Realty Corp. (SLG) $46.91 2.40%
D. R. Horton Inc. (DHI) $71.12 2.15%
Nvidia Corp. (NVDA) $131.98 2.08%
Netflix Inc. (NFLX) $240.13 2.02%
FirstEnergy Corp. (FE) $41.20 1.93%
S&P 500 - Fallers
FedEx Corp. (FDX) $161.02 -21.40%
Westrock Company (WRK) $34.15 -11.48%
International Paper Co. (IP) $35.23 -11.21%
Packaging Corp. Amer (PKG) $118.07 -11.01%
Coterra Energy Inc. (CTRA) $28.74 -6.60%
Southwest Airlines Co. (LUV) $34.73 -5.88%
TripAdvisor Inc. (TRIP) $24.39 -5.68%
Expedia Group Inc. (EXPE) $101.89 -5.47%
Mattel Inc. (MAT) $20.90 -5.34%
Nektar Therapeutics (NKTR) $3.47 -5.19%
Nasdaq 100 - Risers
Dollar Tree Inc (DLTR) $141.92 2.89%
Nvidia Corp. (NVDA) $131.98 2.08%
Netflix Inc. (NFLX) $240.13 2.02%
Microchip Technology Inc. (MCHP) $65.70 1.70%
Texas Instruments Inc (TXN) $165.26 1.59%
Comcast Corp. (CMCSA) $34.52 1.53%
Amgen Inc. (AMGN) $231.14 1.53%
Cintas Corp. (CTAS) $404.33 1.45%
Intel Corp. (INTC) $29.24 1.39%
Automatic Data Processing Inc. (ADP) $233.64 1.27%
Nasdaq 100 - Fallers
Expedia Group Inc. (EXPE) $101.89 -5.47%
Qurate Retail Inc. (QRTEA) $2.54 -5.22%
Trip.com Group Limited (TCOM) $25.13 -5.03%
Mercadolibre Inc. (MELI) $919.11 -4.83%
Marriott International - Class A (MAR) $154.92 -4.67%
J.B. Hunt Transport Services Inc. (JBHT) $166.47 -4.34%
Booking Holdings Inc. (BKNG) $1,876.45 -4.10%
JD.com, Inc. (JD) $55.37 -3.95%
American Airlines Group (AAL) $13.75 -3.64%
Take-Two Interactive Software Inc. (TTWO) $124.19 -3.30%