SPDR S&P 500 ETF TRUST
Long

A bullish scenario for Stocks

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The S&P 500 fell nearly 1% on Friday, but finished the week higher, as investors digested disappointing results from Snap that sent social media shares reeling.

The Dow Jones Industrial Average lost 137.61 points, or 0.43%, to 31,899.29. The S&P 500 declined 0.93% to 3,961.63, while the Nasdaq Composite traded 1.87% lower to 11,834.11.

Those losses cut into weekly gains for all three major averages, with the Dow closing out the week nearly 2% higher. The S&P 500 advanced about 2.6%, and the Nasdaq capped the week up 3.3%.

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