Investing.com – Stocks stumbled Friday after a tumultuous month dominated by trade tensions, battles between the president and the Federal Reserve and falling interest rates.
The gained all of 0.06%. The rallied to a 0.16% gain and the dropped 0.13%.
In a month where the saw 16 days where changes were 100 points or more, traders probably decided they needed the break for the Labor Day weekend to recharge. U.S. markets will be closed on Monday.
The splashiest move of any stock came from Ulta Beauty (NASDAQ:), which had been growing rapidly. But Thursday, it for the full year and warned that sales would slow. CEO Mary Dillon said the outlook reflects “the headwinds we are currently seeing in the U.S. cosmetics market.”
Shares were off 29%, by far the worst performer among stocks in both the and the index. The Nasdaq 100 was down 0.15%.
Leading the were UnitedHealth Group (NYSE:) after multiple days of losses, pharmacy giant Walgreens Boots Alliance (NASDAQ:) and Caterpillar (NYSE:). Cisco Systems (NASDAQ:) was the laggard.
The quiet day came as oil prices moved lower. futures were $7.50 lower to $1,529.40 an ounce, but , a key element used to control automobile emissions, jumped a whopping $57.70 an ounce in the futures market to $1,539.50, making it once again the world’s priciest metal.
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