US stocks end day lower but record second weekly gain in a row

Wall Street indexes ended a tad lower on Friday, as oil prices turned lower by the end of the session, but as the commodity Wall Street indexes managed to post their second weekly gain in a row.

The DJIA fell 57.32 points, or 0.34%, to 16,639. The S&P 500 finished the day down by 3.68 points, or 0.19% at 1,948 but gained 1.6% over the week. The Nasdaq Composite rose 8.27 points, or 0.18%, to 4,590.

Across the globe, the Euro Stoxx 600 index rose 1.5% on Friday and closed 1.6% higher over the week. The Nikkei 225 gained 0.3% and was up 1.4% from a week earlier.

Oil turns lower before the close but clings to weekly gains

Oil futures turned negative minutes before the close, but still held onto weekly gains amid hopes major oil producers will agree on a plan to reduce output and stabilize prices.
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