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Nasdaq closes above 16,000 for the first time; Dow Jones down again

Travel stocks slump as European Covid cases rise; Stay-at-home stocks gain

Wall Street, US stocks, S&P, Dow Jones
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The Dow Jones Industrial Average fell 269.04 points, or 0.75%, to 35,601.91

David French and Ambar Warrick | Reuters
The Nasdaq Composite Index closed above the 16,000 mark for the first time on Friday, in its second-straight record finish, while the Dow succumbed to its fourth losing session in the last five.

Both the Nasdaq and S&P 500 index scored a winning week, after last week's declines snapped a five-week run of higher finishes.

The Dow Jones Industrial Average's second-successive weekly loss wiped out the last of its November gains, extending the index's drop from a Nov. 8 record high.

Friday's fall was caused by banking, energy and airline stocks slumping on fears of new lockdowns in Europe to

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First Published: Nov 20 2021 | 3:31 AM IST

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