S&P 500 Logs Second Week of Losses After Trump Whipsaws Markets
Traders work on the floor of the New York Stock Exchange.
Photographer: Michael Nagle/BloombergUS equities were little changed at the close of a volatile stretch that drove the S&P 500 into its second straight weekly decline as investors turned their attention back to earnings and monetary policy after a burst of geopolitical saber-rattling from the US president.
The S&P 500 Index was unchanged Friday, while the Nasdaq 100 Index advanced 0.3% as technology companies gained. The Russell 2000 Index declined 1.8% and the Dow Jones Industrial Average slipped 0.6%. Overall, investors showed little appetite to chase risk even as concerns around President Donald Trump enacting new tariffs on European goods faded. Instead, traders focused on the durability of corporate profit growth.