How Major US Stock Indexes Fared Feb. 14

Wall Street fell short of a record following mixed profit reports from big companies.
The S&P 500 ended essentially flat Friday, a day after rallying within 0.1 percent of its all-time high set last month. The Dow Jones Industrial Average dipped 0.4 percent, and the Nasdaq composite added 0.4 percent.
Airbnb rallied after reporting stronger profit than analysts expected, while Applied Materials fell after giving a forecast for upcoming revenue that fell short of some estimates. Treasury yields eased after a report said sales at U.S. retailers weakened sharply last month.
On Friday:
The S&P 500 fell 0.44 points, or less than 0.1 percent, to 6,114.63….



Source link