New York Stock Market Ends Mixed... Dow and S&P 500 Up Weekly, Nasdaq Down

[Asia Economy New York=Correspondent Baek Jong-min] The major indices of the New York stock market closed the week mixed without any significant positive or negative factors affecting the market.

[Image source=Reuters Yonhap News]

On the 17th (local time), the Dow Jones Industrial Average fell 62.76 points (0.23%) to 26,671.95, the S&P 500 rose 9.16 points (0.28%) to 3,224.73, and the Nasdaq rose 29.36 points (0.28%) to close at 10,503.19.

The weekly gains were 2.29% for the Dow, 1.25% for the S&P 500, but the Nasdaq was down -1.08%.

The preliminary University of Michigan Consumer Sentiment Index for July was announced at 73.2, down from the previous month's final figure of 78.1. This raises concerns about a potential decline in future consumer indicators.

August delivery West Texas Intermediate (WTI) crude oil fell 0.4% ($0.16) to $40.59 per barrel, and August delivery gold closed up 0.5% ($9.70) at $1,810 per ounce.

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