Dow falls 1.2% on Friday, Nasdaq slips 0.2%; Dow up 0.4% for the week, Nasdaq down 0.7%

The Dow Jones Industrial Average fell 1.2% on Friday, October 23, to close at 52,215.16, and the Nasdaq Composite slipped 0.2% to 25,955.34, according to daily closing values from the Federal Reserve Bank of St. Louis (FRED).

What happened

The Dow lost 652.82 points from Thursday's close of 52,867.98, which had been little changed from Wednesday. The Nasdaq fell 53.52 points from 26,008.86, after losing 2.6% on Thursday from 26,702.86.

Over the week from Friday, October 16, the Dow rose 0.4%, from 52,002.41, and the Nasdaq fell 0.7%, from 26,140.03. On Wednesday, October 21, the Dow had closed at 52,856.09 and the Nasdaq at 26,702.86.

The wider range

The Dow's Friday close is 2.7% below its September 3 close of 53,686.11, the highest close in the FRED data since the start of September. The Nasdaq's close is 6.0% below its October 6 close of 27,599.89, the highest in the same period. Both percentages are computed from the closing values.

The 10-year Treasury yield rose 4 basis points on Friday to 5.00%, according to the Treasury Department's daily yield curve.