After an early move to the upside, stocks moved mostly lower over the course of the trading session on Friday. The major averages pulled back off their early highs and into negative territory after moving sharply higher over the two previous sessions.
The Nasdaq and the S&P 500 reached nine-month intraday highs in early trading but ended the day in the red. The Nasdaq dipped 30.94 points or 0.2 percent to 12,657.90 and the S&P 500 edged down 6.07 points or 0.1 percent to 4,191.98, while the Dow fell 109.28 points or 0.3 percent to 33,426.63.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.