Wall Street today: US stocks decline at end of whipsaw week


US stock indices opened lower on Friday at the end of the whipsaw week.

At the opening bell, the Dow Jones Industrial Average fell 38.4 points, or 0.10%, to 39,408.06. The S&P 500 fell 4.7 points, or 0.09%, to 5,314.66, while the Nasdaq Composite dropped 23.5 points, or 0.14%, to 16,636.522. 

Oil prices edged higher on Friday on fears of a widening Middle East conflict.

Brent crude futures were up 32 cents, or 0.4 per cent, at $79.48 a barrel by 1225 GMT. US West Texas Intermediate crude futures rose 38 cents, or 0.5 per cent, to $76.57.

Gold prices fell on Friday as the jobs data eased concerns on US recession.

Spot gold was down 0.1 per cent to $2,425.34 per ounce, as of 1155 GMT. US gold futures rose 0.1 per cent at $2,464.60. Spot silver was down 0.3 per cent to $27.49 per ounce. 

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