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published on December 22, 2017 - 1:22 PM
Written by Associated Press

Stocks are closing mostly lower on Wall Street as a subdued week of trading comes to a close.

Health care companies and banks fell the most Friday.

Nike fell 2.3 percent after reporting disappointing results in its North American business.

The Standard & Poor’s 500 index slipped 1 point, or 0.1 percent, to 2,683.

The Dow Jones industrial average fell 28 points, or 0.1 percent, to 24,754.

The Nasdaq composite lost 5 points, or 0.1 percent, to 6,959.

Trading in bitcoin futures was volatile. Futures dropped as much as 28 percent before recovering some of their losses.

Bond prices didn’t move much. The yield on the 10-year Treasury held steady at 2.48 percent.

U.S. markets will be closed Monday for Christmas.

 


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