Mixed closing for stock indexes, with some warnings and surges

From NASDAQ MarketSite:

Stock indexes closed mixed on Friday with the S&P 500 down -0.14%, Dow Jones down -0.77%, and Nasdaq up +0.10%. Lululemon and Nike warned of slowdown, while FedEx and Nvidia surged. Bond yields fell, with the 10-year T-note yield dropping to a 1-week low. Overseas markets settled mixed. German Mar IFO business survey beat expectations. ECB official hinted at possible interest rate cut. Real estate REITs with commercial exposure dropped. Dutch Bros announced secondary public offering. FedEx reported strong Q3 earnings and stock buyback plan. NVIDIA saw price target upgrade by UBS. Alphabet was added to Wedbush’s Best Ideas List. Best Buy and Allstate saw upgrades. Boeing gained after FAA actions on 787 planes. Earnings reports from Bakkt Holdings Inc, Boston Omaha Corp, Dakota Gold Corp, Liberty Media Corp-Liberty Liv, Sanara Medtech Inc.



Read more at NASDAQ MarketSite: Stocks Settle Mixed on Consolidation Below Record Highs