How major US stock indexes fared Friday, 9/22/2023

Wall Street’s worst week in six months closed on another weak note. The S&P 500 gave up an early gain and ended 0.2% lower Friday. The Dow Jones Industrial Average lost 106 points, and the Nasdaq composite slipped 0.1%. Stocks slid this week because of the growing understanding that interest rates likely won’t come down much anytime soon. Treasury yields eased a bit after jumping earlier in the week to their highest levels in more than a decade. That gave stocks a bit of a breather, particularly high-growth and technology companies.