S&P 500, Nasdaq Post Weekly Gains; Dow Falls
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- S&P 500 and Nasdaq eked out weekly gains while the Dow fell, as oil prices and Treasury yields rose during the session.
- U.S. stocks declined Friday after retail sales data, though the S&P 500 still closed the week with its third consecutive weekly gain.
- U.S. stock futures pointed higher on the back of strong earnings and benign data, suggesting traders viewed Friday's dip as a buying opportunity.
Why it matters: The split weekly tape—S&P 500 and Nasdaq green, Dow red—shows index-level rotation rather than a broad selloff, with rising yields and oil the common pressure points. Retail sales acted as the Friday catalyst for downside, while the S&P's third straight weekly gain signals underlying breadth that futures traders are leaning against.
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