From Nasdaq: 2025-05-12 09:24:00

U.S. stocks closed mostly lower on Friday as investors awaited the outcome of trade talks between U.S. and Chinese officials over the weekend in Switzerland. The Dow Jones Industrial Average fell 0.3%, the S&P 500 declined less than 0.1%, and the Nasdaq ended flat. The CBOE Volatility Index was down 2.58%.

Investors are hopeful for a positive outcome from the U.S.-China trade talks after a preliminary trade deal was reached with the U.K. Tech stocks like Apple and Microsoft gained on Friday. No major economic data was released. For the week, the Dow lost 0.2%, the S&P 500 fell 0.5%, and the Nasdaq finished 0.3% lower.

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Read more at Nasdaq: Stock Market News for May 12, 2025