Stocks End Mixed as Rita Weakens

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Wall Street rallied to finish mostly higher Friday, capping off the week with two days of gains as Hurricane Rita lost strength and raised hopes that its impact on key Gulf Coast refineries wouldn’t be as bad as was initially feared.


The Dow dropped 2.46, or 0.02 percent, to 10,419.59, after sliding as much as 49.75 in early activity. The Standard & Poor’s 500 Index rose 0.67, or 0.1 percent, to 1,215.29. The Nasdaq gained 6.06, or 0.3 percent, to 2,116.84.


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