Stocks Flatline to End Week; Dow Falls 20 Points

The U.S. stock market snapped its recent winning streak on Friday with the Dow Jones Industrial Average falling 20 points. The S&P 500, however, registered a small gain, adding a little more than a point to 1,404. The Dow traded between a range of 13,231 and 13,289, closing the week at just below 13,233. The SPDR S&P 500 ETF SPY gained 0.14% and closed at $140.30. Volume was slightly above normal with around 147.3 million SPY shares trading hands compared to a 3-month daily average of 144.7 million. The PowerShares QQQ Trust ETF QQQ, which tracks the performance of the Nasdaq 100, fell 0.07% to $66.52. Year-to-date, the QQQ has surged more than 19% amid a huge rally in stock prices. Crude oil surged above $107 on the day. NYMEX crude futures added another 2.05% to $107.26 while ICE Brent contracts were up 2.90% to $126.15. In ETF trading, The United States Oil Fund ETF USO climbed 1.89% to $41.03. Precious metals posted small losses on the day despite a weaker U.S. Dollar. COMEX gold futures lost 0.02% to $1,659.10 while silver futures shed 0.58% to $32.535. The heavily traded SPDR Gold Trust ETF GLD gained 0.14% to $161.30. Treasuries rose moderately on the day amid souring risk appetite. The iShares Barclays 20+ Year Treasury Bond ETF TLT gained 0.20% to $111.43. The yield on the 10-Year Note rose 1.6 basis points to 2.30%. The U.S. Dollar was weak throughout the day. The PowerShares DB US Dollar Index Bullish ETF UUP, which tracks the performance of the greenback versus a basket of foreign currencies, fell 0.67% to $22.18. The widely watched EUR/USD pair is currently trading at $1.3171.