Wall Street drifts as Intel tumbles and gold’s price rises to another record

NEW YORK (AP) — The U.S. stock market drifted through mixed trading Friday, as a zigzag week punctuated by loud threats and pullbacks finished with a quiet and tentative close.

The S&P 500 was basically flat and edged up by less than 0.1% but still notched a second straight week with a modest loss. The Dow Jones Industrial Average dipped 285 points, or 0.6%, and the Nasdaq composite rose 0.3%.

The majority of stocks on Wall Street fell, and Intel weighed on the market after tumbling 17%.