S&P 500 Finishes Lower as Trump Wavers on Hassett for Fed Chair
Traders work on the floor of the New York Stock Exchange.
Photographer: Michael Nagle/BloombergUS stocks fell on Friday, finishing the week lower, as traders mulled President Donald Trump’s reluctance to nominating Kevin Hassett as Federal Reserve chair.
The S&P 500 Index closed 0.06% down in New York, paring a gain of as much as 0.3%. Meanwhile, the Nasdaq 100 Index fell 0.07%. The Russell 2000 Index rose 0.1%, beating the S&P 500 for an 11th straight session.