How major US stock indexes fared Friday

U.S. stock indexes closed mostly lower Friday as a decline in technology stocks offset a strong performance by Wall Street banks.The S&P 500 notched its third straight weekly gain. Bond yields rose sharply after the government reported that Americans kept spending money in August. Investors were looking ahead to next week, when the Federal Reserve is expected to announce another interest rate cut.On Friday:The S&P 500 index slipped 2.18 points, or 0.1%, to 3,007.39.The Dow Jones Industrial Average rose 37.07 points, or 0.1%, to 27,219.52.The Nasdaq fell 17.75 points, or 0.2%, to 8,176.71.The Russell 2000 index of smaller-company stocks gained 3.07 points, or 0.2%, to 1,578.14.For the week:The S&P 500 rose 28.68 points, or 1%.The Dow gained 422.06 points, or 1.6%.The Nasdaq added 73.64 points, or 0.9%.The Russell 2000 picked up 72.97 points, or 4.9%.For the year:The S&P 500 is up 500.54 points, or 20%.The Dow is up 3,892.06 points, or 16.7%.The Nasdaq is up 1,541.44 points, or 23.2%.The Russell 2000 is up 229.58 points, or 17%.The Associated Press read more

Reacting to recent deaths Annan asks Israel to ensure Palestinian civilians safety

“The Secretary-General and his representatives in the region have repeatedly called on the Government of Israel to respect the inviolability of UN institutions and installations, and in particular, to refrain from any activities that endanger the lives and safety of those who are lawfully on the premises, especially children,” spokesman Fred Eckhard said in a statement.Yesterday 55-year-old Said al-Madhoun was shot and killed on the grounds of a Preparatory School in Khan Younis run by the UN Relief and Works Agency for Palestine Refugees in the Near East (UNRWA). In addition, an UNRWA contractor was also shot and seriously wounded Monday while working in a UN warehouse in Rafah.Last week a 10-year-old girl died from injuries suffered earlier this month when a bullet from the Israeli Defence Forces (IDF) struck her in the head while she was at her desk at a UNRWA-run school in Gaza. read more