
The 1:13 tape was a draft. 4 p.m. is the grade.
Associated Press / Yahoo Finance, Friday close: Dow Jones 52,573.29, up 509.19, +0.98% from Thursdayβs 52,064.10. S&P 500 7,656.98, up 65.28, +0.86%. Nasdaq Composite 26,333.04, up 251.31, +0.96%. Midday we had Dow 52,648.77 at 1:13. The last hours gave some of it back. The four-day losing streak is over. AP: for the week the Dow is still down 840.96, β1.6%. S&P β0.8%. Nasdaq β0.7%.
Oil settled off the $109 spike. November Brent $104.61, down 2.81%, per the settle tape. WTI near $100. After the equity bell, Yahoo had Brent $104.42 and WTI $99.99 β live futures, not Thursday nightβs $108.93 / $103.81. XLE closed $65.14, +0.32%. Apple +1.75% to $332.27. Intel +2.61% to $102.94 after Thursdayβs β5.57%. Nvidia β0.03% to $218.29. Bitcoin about $77,119.
BLS this morning: August CPI +0.4% month, +3.4% year. Core +0.3% / +2.4%. FOMC Sept. 15β16, Chair Kevin Warsh. A green Friday does not vote for him.
What this means for you
If you hold an index, Friday paid you back part of the week. If you needed $109 oil, that was Thursday after the bell. If you needed the Fed, wait until Wednesday. Not investment advice.
Bottom line: Dow 52,573. Streak over. Week still β1.6%. Brent $104.61 settle.
GLHR NEWS explains the news. Not investment, tax, or trading advice. Do your own work before you act.
