Hamilton Herald Masthead

Editorial


Front Page - Friday, June 14, 2024

Wall Street drifts to a mixed close after European stocks slump again




NEW YORK (AP) — U.S. stocks drifted to a mixed close as caution crept into financial markets heading into the weekend.

The S&P 500 slipped less than 0.1% Friday after setting an all-time high every other day this week. The Dow Jones Industrial Average fell 0.1%, while the Nasdaq composite edged up 0.1%, marking another all-time high.

Losses were sharper across the Atlantic, where European stocks have been rocked by the results of recent elections on the continent. France's CAC 40 stumbled to its worst week in more than two years.

Treasury yields eased following a report on U.S. consumer sentiment.