S&P Market News Update : Epic Research Singapore

U.S. stocks ended modestly lower Friday as a retreat in oil prices weighed on energy shares ahead of a meeting of major oil producers slated for Sunday.

But despite the daily drop, the three main indexes posted weekly gains, with the Dow Jones Industrial Average up 1.8% for its strongest weekly gain in a month. The S&P 500 and Nasdaq Composite also logged weekly gains.

Stocks found broad support this week from better-than-feared corporate earnings, which helped limit declines. .

The S&P 500 SPX, -0.10% saw a daily fall of 2.05 points, or 0.1%, to close at 2,080.73. The Nasdaq Composite COMP, -0.16% lost 7.67 points, or 0.2%, to end at 4,938.22.

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