How major US stock indexes fared Friday, 7/14/2023

Another winning week for Wall Street drifted to a quiet close following profit reports from several big U.S. companies that topped expectations. The S&P 500 fell 0.1% Friday, coming off its highest close since April 2022. The Dow rose 113 points, or 0.3%, and the Nasdaq slipped 0.2%. UnitedHealth Group jumped after reporting stronger profit than expected profit. JPMorgan Chase and Wells Fargo also rose in the morning following their profit reports but lost momentum like the rest of the market as the day progressed. The S&P 500 still marked its seventh winning week in the last nine.