US Stocks Little Changed Despite Tech Rebound, Data Resumption
Traders work on the floor of the New York Stock Exchange.
Photographer: Michael Nagle/BloombergUS stocks gained for the week thanks to a rebound Friday in mega-cap technology stocks and the expected return of regular economic data releases next week with the US government reopening.
The S&P 500 Index ended Friday’s session little changed. Energy was the top-performing of 11 market sectors Friday, thanks to climbing oil prices. The index’s largest sector by weight, technology, bounced from being one of the worst-performing sectors to a 0.7% gain.