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AP National Business

Stocks end higher on Wall Street, still post weekly losses

KION
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Published 11:56 PM

By ALEX VEIGA
AP Business Writer

Stocks ended higher on Wall Street Friday but not enough to erase the market’s losses from earlier in the week. The S&P 500 added 0.8% but still posted a weekly loss after two weeks of gains. The benchmark index set a record high on Monday. Trading was mostly subdued with earnings reporting season winding down for U.S. companies and relatively few economic reports. Ross Stores fell 2.7% after issuing a full-year forecast that fell short of Wall Street’s expectations, while Foot Locker jumped 7.3% after blowing past analysts’ forecasts. The yield on the 10-year Treasury note rose to 1.26%. 

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