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Dow, S&P 500 slump Friday but Nasdaq Composite edges higher in early Friday action

Dow, S&P 500 slump Friday but Nasdaq Composite edges higher in early Friday action

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U.S. stock benchmarks headed lower Friday morning, amid growing concerns over rising cases of COVID-19 in the U.S. and a national lockdown in Austria, with Germany threatening similar action to mitigate the spread of the infectious disease COVID-19 that has plagued the globe for two years. The Dow Jones Industrial Average DJIA, -0.57% was down 0.5%, the S&P 500 index SPX, -0.05% was off less than 0.1%, while the Nasdaq Composite Index COMP, +0.33% gained 0.2%.

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