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The Ledger - EST. 1978 - Nashville Edition

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VOL. 42 | NO. 11 | Friday, March 16, 2018

Stocks end sluggish week with small gains

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NEW YORK (AP) — The stock market eked out a small gain but still ended the week lower after several days of losses.

Energy companies rose Friday along with the price of crude oil. ConocoPhillips gained 1.7 percent.

Banks and industrial companies also ended higher. PNC Financial rose 1.4 percent and farming equipment maker Deere & Co. rose 2.7 percent.

Tiffany lost 5 percent after a weak sales report and disappointing forecast.

The S&P 500 rose 4 points, or 0.2 percent, to 2,751.

The Dow Jones industrial average climbed 72 points, or 0.3 percent, to 24,946. The Nasdaq composite edged up a fraction of a point to 7,481.

Bond prices fell. The yield on the 10-year Treasury rose to 2.84 percent.