U.S. markets closed mostly flat Friday, capping a third winning week out of four.
Wall Street closed the week with little fanfare on Friday, ending its third winning week in the last four. The S&P 500 inched down by less than 0.1% after reaching an all-time high on Thursday. The Dow Jones Industrial Average shed 142 points, or 0.3%, while the Nasdaq composite rose slightly to post its own record.
Railway stocks drew attention as Norfolk Southern jumped 2.5% following reports it’s in merger talks with Union Pacific to form North America's largest railroad. However, Union Pacific fell 1.2% amid concerns about regulatory hurdles.
Netflix was among the biggest drags, sliding 5.1% despite beating profit expectations. Analysts attributed the drop to its already strong year-to-date gains. American Express also fell 2.3% after reporting slowing growth in new card issuances, despite beating forecasts. Exxon Mobil lost 3.5% after a Paris arbitration ruling allowed Chevron’s $53 billion deal to acquire Hess to proceed. Chevron ended down 0.9%.
On the positive side, strong quarterly results lifted several financial stocks. Regions Financial surged 6.1%, Comerica rose 4.6%, and Charles Schwab gained 2.9%.
By the closing bell, the S&P 500 had dipped 0.57 points to 6,296.79. The Dow dropped 142.30 to 44,342.19, while the Nasdaq added 10.01 to finish at 20,895.66.
Bond yields eased slightly as U.S. consumer inflation expectations fell. A University of Michigan survey showed Americans now expect 4.4% inflation over the next year, down from last month’s 5%.
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Wall Street closed higher on Tuesday, boosted by optimism over artificial intelligence (AI) and a strong rally in Moderna shares, with the Dow Jones Industrial Average approaching a record high.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
U.S. stock markets ended higher on Friday, following largely in-line inflation figures, although indices recorded losses over the week.
The New York Stock Exchange opened sharply lower on 2 September as investors weighed the legality of Donald Trump’s tariffs – a federal appeals court has ruled most of them illegal.
The Trump administration will suspend all visa processing for visitors from 75 countries beginning 21 January 2026, according to a State Department memo reported by media.
Saudi Arabia has informed Iran that it will not allow its territory or airspace to be used for any military action against Tehran, according to two sources close to the kingdom’s government cited by AFP.
Sweden is sending a group of military officers to Greenland at Denmark’s request, Prime Minister Ulf Kristersson said on Wednesday, as Nordic countries and NATO allies step up coordination around the Arctic territory.
Israel and Arab States have urged the U.S. to delay any potential military action against Iran, warning that such a move could undermine ongoing protests inside the country, according to NBC News.
Boeing booked more aircraft orders than Airbus in 2025 for the first time since 2018, official figures showed, even as the European manufacturer delivered more planes during the year.
China recorded the world’s largest-ever trade surplus in 2025, reaching $1.2 trillion as exporters shifted focus away from the U.S. amid ongoing trade tensions.
A coalition of women’s rights organisations, technology watchdogs and progressive campaigners is urging Apple and Google, owned by Alphabet, to remove the social media platform X and its associated chatbot, Grok, from their app stores.
Boeing booked more aircraft orders than Airbus in 2025 for the first time since 2018, official figures showed, even as the European manufacturer delivered more planes during the year.
U.S. oil major Chevron and private equity firm Quantum Capital Group are reportedly preparing a joint bid to acquire Lukoil’s international assets, as the sanctioned Russian energy company seeks to divest its overseas operations.
The U.S. dollar's share of global reserves fell to nearly 40% at the end of 2025, according to the International Monetary Fund (IMF), which says it's 10% lower than at the start of 2024. However, gold has risen and overtaken the dollar to be above 50% in global reserves according to the IMF data.
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