According to PANews, the U.S. stock market closed on Friday with notable declines across major indices. The Dow Jones Industrial Average fell by 1.79% on the day, contributing to a weekly loss of 1.32%. The S&P 500 Index decreased by 1.13%, ending the week down 0.39%, while the Nasdaq Composite dropped 1.30%, resulting in a weekly decline of 0.63%.
Despite the overall market downturn, the energy and defense sectors showed resilience. Houston Energy experienced a significant surge, rising over 117.79%, and U.S. Energy saw an increase of 55.63%. Additionally, Tesla (TSLA.O) shares rose by 1.94%.