It was a feeble ending to an up-and-down week of trading. The S&P 500 index lost 0.9%. The benchmark index had its second straight weekly loss. The Dow Jones Industrial Average fell 0.5% and the Nasdaq fell 0.9%.
U.S. stocks closed higher after a two-day losing streak with tech and bank stocks rallying.
The S&P 500 fell 6.61 points as the market takes a wait-and-see approach to earnings reports. Modest losses erased most of Tuesday’s slight gains.