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US stocks close mixed as Nasdaq ends 4-week losing streak

Matthew Fox   

US stocks close mixed as Nasdaq ends 4-week losing streak
  • US stocks closed mixed on Friday, with the Dow Jones industrial average climbing as economic optimism remained heightened.
  • The Nasdaq 100 index managed to snap a 4-week losing streak, closing higher for the week.
  • The cryptocurrency decline accelerated on Friday, with bitcoin and ether both falling more than 10%.
  • $4.

US stocks were mixed on Friday, with the Dow Jones industrial average leading the market higher as economic optimism remained heightened.

Despite finishing lower, the tech-heavy Nasdaq 100 index managed to end a four-week losing streak, gaining just more than 0.1% for the five-day period.

Optimism towards an improving US economy increased following $4 of the Conference Board's Leading Economic Index. The April LEI data $4 as well as a 1.6% month-over-month improvement.

Here's where US indexes stood at the 4 p.m. ET market close on Friday:

  • $4: 4,155.86, down 0.1%
  • $4: 34,207.84, up 0.4% (124 points)
  • $4: 13,470.99, down 0.5%

Read more: $4

Cryptocurrencies remained volatile, $4 on Friday as China continues to warn against the crypto space. The US government is moving towards further regulation of crypto assets. On Thursday, the Treasury Department indicated that the $4 in crypto assets to be reported to the department.

Meanwhile, SEC Chairman Gary Gensler said it $4 and needs to be prepared to fight cases against them. All of this comes following a volatile week for crypto, in which bitcoin and ether $4

Much of that volatility was initially sparked by Tesla CEO Elon Musk and his concerns over its environmental impact. On Thursday, $4 if top miners can prove they're using green energy.

Ford extended its two-day rally to more than 10% after it revealed the electric version of its popular F-150 truck model.

Oil prices were higher. $4 rose as much as 3.3%, to $64.07 per barrel. $4, oil's international benchmark, climbed 2.8%, to $66.94 per barrel, at intraday highs.

$4 rose as much as 0.7%, to $1,889.41 per ounce.

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