US stocks end up, Nasdaq posts biggest weekly loss since April

Most major US equity indexes closed higher on Friday after a choppy trading, though concerns over stretched technology valuations and weaker consumer sentiment amid a government shutdown continued to pressure markets.

At the close, the Dow Jones Industrial Average rose 0.16% (74 points) to 46,987, trimming earlier losses but ending the week down 1.21%. The S&P 500 gained 0.13% (8 points) to 6,728, reducing its weekly loss to 1.63%.

The Nasdaq Composite inched down 0.22% (49 points) to 23,004, suffering a 3% weekly drop—its steepest since April.

In Europe, the Stoxx Europe 600 index declined 0.55% to 564.79, closing the week 1.75% lower. The FTSE 100 fell 0.55% to 9,682, Germany’s DAX lost 0.69% to 23,569, and France’s CAC 40 eased 0.18% to 7,950.

In Japan, the Nikkei 225 dropped 1.20% to 50,276, extending its weekly loss to over 4%, while the broader Topix slipped 0.45% to 3,298, down 1% for the week.

In the commodities market, Brent crude futures for January delivery edged up 0.39% (25 cents) to $63.63 a barrel but posted a 2.21% weekly loss. US WTI crude for December delivery gained 0.54% (32 cents) to $59.75, trimming its weekly decline to 2%.

Gold futures for December delivery rose 0.47% ($18.8) to $4,009.80 per ounce, marking a 0.33% weekly gain.