The stock market's major averages were mixed Friday but the week was a down one.
After rising more than 60 points earlier in Friday's session, the
Dow Jones Industrial Average
finished lower by 15.87 points, or 0.19%, at 8539.73. The
rose 2.86 points, or 0.31%, to 921.23, while the
retreated some from earlier gains but still ended the day up 19.75 points, or 1.09%, to 1827.47.
For the week, the Dow fell 3%, the S&P 500 lost 2.7%, and the Nasdaq finished 1.5% lower. It was the first down week for the Dow in a month.
Friday marked the final options expiration of the second quarter. Quadruple witching occurs when contracts for stock index futures, stock index options, stock options and single stock futures all expire at the same time.
Earlier in the week, the Obama administration announced
new federal regulations
for the nation's financial system.
So where do you think the market is headed next week? Please vote in our poll below.