Stocks ended lower Friday as investors assessed the start of a United Auto Workers strike against Ford
F,
General Motors
GM,
and Stellantis
STLA,
and awaited next week’s Fed decision. The Dow Jones Industrial Average
DJIA,
declined nearly 290 points, or 0.8%, to close near 34,619, according to preliminary data. The S&P 500
SPX,
shed 0.8% and the Nasdaq Composite
COMP,
slid 1.6%. The declines left the Dow with a weekly gain of 0.1%, while dragging the S&P 500 to a 0.2% drop and leaving the Nasdaq down 0.4%.
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