Wall Street closes mixed as retail falls, tech rises
13 May 2017 - 13:21
NEW YORK: Wall Street closed mixed Friday as companies in retail sector saw their shares decline while tech firms' stock prices rose.
The Dow fell 22 points to end the day at 20,896 and the S&P lost three points to hit 2,390.
The Nasdaq, however, added five points to end the last trading day of the week at 6,121. The index also gained 0.3 percent this week.
The Dow and the S&P posted a weekly decline of 0.5 percent and 0.4 percent, respectively -- both ending three weeks of consecutive gains.
Among retail giants, Macy's saw its stock price fall 3 percent and Target shares decreased 0.5 percent.
On the tech front, Apple and Amazon shares both gained 1.4 percent.