Alva Review-Courier -

S&P 500 ticks up as record-busting, wishy-washy week closes

 

August 21, 2020



NEW YORK (AP) — More gains for tech stocks are helping prop up an otherwise wobbly Wall Street on Friday, as a record-breaking but wishy-washy week of trading comes to a close.

The S&P 500 was up 0.3% in afternoon trading, even though most stocks in the index were weaker, after a couple reports on the U.S. economy showed more strength than economists expected. It followed up on losses across Europe after more discouraging reports there indicated a slowdown in its economies.

The Dow Jones Industrial Average was up 179 points, or 0.6%, at 27,919, as of 2:45 p.m. Eastern time, and the Nas...



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