Stocks closed lower on Wall Street, pulling the S&P 500 and the Nasdaq composite below the records they set a day earlier.
The S&P 500 fell 0.3% Friday. The Dow Jones Industrial Average gave back 0.6%. The Nasdaq composite slipped 0.2%.
Levi Strauss jumped 11.3% after the jeans maker easily beat Wall Street’s sales and profit targets and raised its full-year forecast, despite expecting higher costs from tariffs.
Earnings reports from big companies shift into high gear next week, with reports due from major banks including JPMorgan Chase.
On Friday:
The S&P 500 fell 20.71 points, or 0.3%, to 6,259.75.
The Dow Jones Industrial Average fell 279.13 points, or 0.6%, to 44,371.51.
The Nasdaq composite fell 45.14 points, or 0.2%, to 20,585.53.
The Russell 2000 index of smaller companies fell 28.58 points, or 1.3%, to 2,234.83.
For the week:
The S&P 500 fell 19.60 points, or 0.3%.
The Dow fell 457.02 points, or 1%.
The Nasdaq fell 15.57 points, or 0.1%.
The Russell 2000 fell 14.21 points, or 0.6%.
For the year:
The S&P 500 is up 378.12 points, or 6.4%.
The Dow is up 1,827.29 points, or 4.3%.
The Nasdaq is up 1,274.73 points, or 6.6%.
The Russell 2000 is up 4.67 points, or 0.2%.