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 percent Friday. The Dow Jones Industrial Average gave back 0.6 percent. The Nasdaq composite slipped 0.2 percent.
Levi Strauss jumped 11.3 percent 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 percent, to 6,259.75.
The Dow Jones Industrial Average fell 279.13 points, or 0.6 percent, to 44,371.51.
The Nasdaq composite fell 45.14 points, or 0.2 percent, to 20,585.53.
The Russell 2000 index of smaller companies fell 28.58 points, or 1.3 percent, to 2,234.83.
For the week:
The S&P 500 fell 19.60 points, or 0.3 percent.
The Dow fell 457.02 points, or 1 percent.
The Nasdaq fell 15.57 points, or 0.1 percent.
The Russell 2000 fell 14.21 points, or 0.6 percent.
For the year:
The S&P 500 is up 378.12 points, or 6.4 percent.
The Dow is up 1,827.29 points, or 4.3 percent.
The Nasdaq is up 1,274.73 points, or 6.6 percent.
The Russell 2000 is up 4.67 points, or 0.2 percent.
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