How Major US Stock Indexes Fared Dec. 22

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Wall Street capped its eighth straight winning week with a quiet finish Friday following reports showing inflation on the way down and the economy potentially on the way up.
The S&P 500 rose 0.2 percent to sit less than 1 percent below its record set nearly two years ago. The Dow Jones Industrial Average slipped 18 points, or less than 0.1 percent, and the Nasdaq composite edged 0.2 percent higher.
A report on Friday showed the measure of inflation the Federal Reserve prefers to use slowed by more than economists expected, down to 2.6 percent in November from 2.9 percent a month earlier.
On Friday:
The S&P 500 rose 7.88 points, or 0.2 percent, to 4,754.63….

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