Of the 11 main sectors of the S&P 500, five closed in red, led by the 1.3% decline in the real estate sector. Apple Inc was the biggest burden on major indices, falling 1.9% after Goldman Sachs reduced its target price for the iPhone manufacturer's stock. However, the industrial sector, vulnerable to tariffs, helped keep the Dow Jones in positive territory.
However, the three main stock indexes in the United States also recorded their third consecutive weekly increase, following signs of a possible thaw in the trade war between the two largest economies in the world.
The Dow Jones Industrial Average rose 37.07 points, or 0.14%, to 27,219.52 units, while the S&P 500 lost 2.18 points, or 0.07%, to 3,007.39 units. The Nasdaq Composite, meanwhile, fell 17.75 points, or 0.22%, to 8,176.71 units. @world
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