U.S. stocks ended Friday with mixed results with the Dow posting a small decline. Still the market notched its fourth straight week of gains.
The Dow Jones Industrial Average fell 18.05 points, or 0.1%, to close at 17,634.74. The S&P 500 index stayed almost unchanged, climbing less than half a point, or 0.02% to end at 2,039.82, while the Nasdaq Composite gained 8.4 points, or 0.18%, to close at 4,688.54.
Stocks pushed to a series of record highs this week, with the Dow recording records in six of the last seven sessions. On Tuesday, the S&P 500 rose to its 40th record close in 2014.
On Friday, crude-oil futures halted a recent slide, rising 2.3% to $75.94 a barrel.
Gold futures rose 2.3% to $1,188.20 an ounce. The yield on the benchmark 10-year Treasury note fell to 2.322% from 2.345% on Thursday. Yields rise as prices fall.
In corporate news, Halliburton (HAL) is in talks to buy fellow oil-field services company Baker Hughes (BHI). Shares of Halliburton rose 2.4% and shares of Baker Hughes gained 1.9%.
Movado (MOV) plunged almost 32% to close the day at $26.25 after the luxury watch maker warned that third-quarter results would sharply miss expectations because of slow growth in the industry and brand weakness overseas.
Nordstrom (JWN) rose 1.3% after reporting better-than-expected results in the third quarter.
Hertz Global Holdings (HTZ) fell 4.58% after announcing Friday it would restate its results for 2012 and 2013 as the company continues investigating its financial statements dating back to 2011. The company previously said it would restate results for 2011 and revise results for 2012 and 2013. Hertz also announced changes to its rental-car fleet strategy and unveiled a $100 million cost-cutting plan.
Virgin America (VA) soared 30% to close at $30 in its Nasdaq debut.
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