Dow and S&P Close Down After Week of Gains

Published at 3:07 pm, August 22, 2014

iStock/Thinkstock(NEW YORK) — Friday marks the first losing day of the week for the Dow Jones Industrial Average and S&P 500.

The Dow lost 38.27 points closing at 17,001.22, while the S&P lost 3.97, closing at 1,988.40.

The Nasdaq went up 6.45, ending the day at 4,536.55.

Gap is reporting a 10% jump in profits in the second quarter, while Aeropostale reported a loss and cut its outlook for full year sales.

The SLS Las Vegas Casino opens at midnight, after a $415 million renovation of the former Sahara Casino. This is the first new casino in four years.