Stocks ended lower on Wall Street, giving up their gains for the week.
The S&P 500 still managed to end July higher, marking six monthly gains in a row, the longest such streak since 2018.
Online retail giant Amazon slumped and weighed down the S&P 500 after it reported sales growth that was big but not as big as Wall Street expected. Its sales forecast also disappointed investors.
On Friday:
The S&P 500 fell 23.89 points, or 0.5%, to 4,395.26.
The Dow Jones Industrial Average fell 149.06 points, or 0.4%, to 34,935.47.
The Nasdaq fell 105.59 points, or 0.7%, to 14,672.68.
The Russell 2000 index of smaller companies fell 13.78 points, or 0.6%, to 2,226.25.
For the week:
The S&P 500 is down 16.53 points, or 0.4%.
The Dow is down 126.08 points, or 0.4%.
The Nasdaq is down 164.31 points, or 1.1%.
The Russell 2000 is up 16.60 points, or 0.8%.
For the year:
The S&P 500 is up 639.19 points, or 17%.
The Dow is up 4,328.99 points, or 14.1%.
The Nasdaq is up 1,784.40 points, or 13.8%.
The Russell 2000 is up 251.39 points, or 12.7%.
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
See The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.