Dow posts 5th straight negative week

(CNBC) Stocks notched weekly losses on Friday as investors worried the U.S.-China trade war is hurting economic growth.

The Dow Jones Industrial Average dropped 0.7% this week to post its fifth consecutive weekly decline, its longest streak since 2011. The S&P 500 and Nasdaq Composite fell a third straight week of losses, their longest slide since December 2018.

The indexes got a small reprieve on Friday, however, after President Donald Trump said Thursday afternoon the ongoing trade war could be over quickly. The Dow rose 95.22 points to 25,585.69 while the S&P 500 climbed 0.1% to 2,826.06. The Nasdaq ended the day up 0.1% at 7,637.01.

The post Dow posts 5th straight negative week appeared first on WND.