US stocks shake off wobbly start, end mostly higher

AP – United States (US) stock indexes closed mostly higher on Friday, though the S&P 500 posted its first weekly loss in four weeks. The benchmark index eked out a 0.3 per cent gain after another day of wobbly trading. The Dow Jones Industrial Average finished with a small loss. Gains in communication services, healthcare and other sectors outweighed a decline in technology and energy companies. Treasury yields remained near their highest levels since June. More details in Sunday’s Borneo Bulletin.