S&P 500 closes lower as COVID-19 resurgence casts a shadow on sentiment


The Dow Jones Industrial Average fell 208.64 points, or 0.8%, to 25,871.46, the S&P 500 lost 17.53 points, or 0.56%, to 3,097.81 and the Nasdaq Composite added 3.07 points, or 0.03%, to 9,946.12. Of the 11 sectors in the S&P 500,10 lost ground, with healthcare the sole gainer.

NEW YORK: The S&P 500 ended lower on Friday after an up-and-down session as investors weighed spiking cases of COVID-19 and Apple Inc's announcement of fresh store closures against anticipated stimulus and continued economic recovery.

The S&P 500 ultimately settled in the red, along with the blue-chip Dow, while the tech-heavy Nasdaq closed nominally higher.

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