Wall Street Ends Week With Losses, Gains for February
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iStock/Thinkstock(NEW YORK) — Stocks drifted lower to end the week, but the markets still ended February higher than where they started.
The Dow Jones Industrial Average finished the session on Friday at 18,132.70, down 81.72 from its open.
The Nasdaq fell by 24.36 to close at 4,963.53. The S&P 500 fell by 6.24 points to close at 2,104.50.
The markets however were up by 5 percent or more in February.
Drivers in California are receiving a surprise at the gas pumps, as prices have risen in parts of the Golden State to $4 a gallon. Analysts from GasBuddy.com say rise in prices comes from a fire at an ExxonMobil refinery.
The refinery produces 10 percent of all the gas sold in California, in particular a special blend of gas that’s mostly used in the state, which has contributed to the jump in prices.
Southwest Airlines expects to meet a federal deadline this weekend to finish examining 128 planes that were grounded because of missed inspections.
The Federal Aviation Administration is allowing Southwest to keep flying during the inspections of a backup hydraulic system for the rudders.
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