WASHINGTON: U.S. stocks ended with slight moves on Friday, as the market’s recent upward momentum remained intact, although geopolitical uncertainty limited buying appetite with major indexes near records. The Dow Jones Industrial Average DJIA, -0.04% fell 10 points, or less than 0.1%, to 22,349. The S&P 500 SPX, +0.06% rose 1.5 point to 2,502. The Nasdaq Composite Index COMP, +0.07% was up 4 points, or 0.1%, to 6,427. North Korea returned to the forefront after the country’s foreign minister Ri Yong Ho said late Thursday at a United Nations meeting that his country might consider a nuclear bomb of “unprecedented scale” in the Pacific.
While geopolitical tensions have been elevated, some analysts said the stock market has become desensitized to the threats the U.S. and North Korea. For the week, the Dow rose 0.4%, the S&P rose 0.1%, and the Nasdaq fell 0.3%. Among the day’s most active stocks, CarMax Inc. KMX, +7.77% rose 7.8% after quarterly earnings and revenue beat Wall Street expectations.
