The Dow Jones Industrial Average headed for its fifth straight week of losses on Friday as investors remain cautious amid the war between Russia and Ukraine.
The 30-stock index advanced 131.44 points to 33,305.51.
The S&P 500 moved up 3.59 points to 4,263.11.
The NASDAQ Composite dipped 46.9 points to 13,083.06,
The S&P and NASDAQ are heading for their second straight week of losses.
Week to date, the Dow is down about 0.9%. Meanwhile, the S&P is down roughly 1.5%, and the NASDAQ is off by 1.6% this week.
On Friday, Rivian slipped 5% after missing estimates for the fourth quarter on the top and bottom lines, while DocuSign sank 19% after issuing weak guidance for the first quarter and fiscal year.
Certain tech names dragged on the Nasdaq on Friday and continued their weakness since Monday. Zoom Video fell 3%, bringing its weekly losses to more than 7%. Meta Platforms fell 2.5% and is down more than 5% since Monday.
Russian President Vladimir Putin said Friday “certain positive shifts” have occurred in the talks between the Kremlin and Ukraine. Meanwhile, President Volodymyr Zelenskyy reportedly said Ukraine has reached a “strategic turning point” in its war with Russia.
Treasury prices slumped, raising yields to 2.01% from Thursday’s 1.99%. Treasury prices and yields move in opposite directions.
Oil prices gained $1.97 to $107.99 U.S. a barrel.
Gold prices dropped $16.80 to $1,983.80 U.S. an ounce.