US stocks cap milestone-setting week with modest losses
New York (AP) — Bond yields rose and stocks mostly bounced back from an early slide to finish with modest losses Friday, a downbeat end on Wall Street to an otherwise milestone-setting week for the broader market.
The small decline snapped a six-day winning streak for the S&P 500, though the benchmark index still notched a weekly gain. The S&P 500 set three straight all-time highs earlier in the week, extending the market’s solid gains in June into July. The S&P is up 19.3% so far this year.