Stocks barely moved Friday, even though durable-goods orders jumped by the largest amount in six months. The Dow Jones industrial average...
NEW YORK — Stocks barely moved Friday, even though durable-goods orders jumped by the largest amount in six months.
The Dow Jones industrial average fell 6.17 to 10,883.27.
Microsoft, one of the 30 Dow stocks, added 5 cents Friday to close at $26.64, down 1 percent for the week. Boeing, also a Dow stock, gained 17 cents Friday to $71.49, a 52-week high. For the week, Boeing gained 1 percent.
Broader stock indicators were nearly unchanged. The Standard & Poor’s 500 index rose 0.54 to 1,268.66, and the Nasdaq composite index rose 2.93 to 2,249.42.
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For the week, the Dow was up 0.07 percent, the S&P up 0.11 percent, and the Nasdaq down 0.14 percent.
Volume was light on Wall Street, as it often is before Christmas. With little in the way of year-end gains to lock in, traders yawned their way through the session.
The major economic news came from the Commerce Department, which reported factory orders for big-ticket items were up 4.4 percent to a record $223 billion last month, following a 3 percent gain in October. The data reflected soaring demand for Boeing commercial aircraft; durable goods numbers would have fallen had the aircraft figures been removed. So the biggest one-month advance since last May was treated on Wall Street as a nonevent.
Crude-oil futures rose slightly. A barrel of light crude settled at $58.43, up 15 cents, on the New York Mercantile Exchange.