A look at highlights from the day's business news:
Stocks end the week barely up
Trading was choppy and light Friday, with stocks barely ending the week higher as investors wavered between mildly upbeat data and ongoing fears about a slowing economy.
For the overall week, the Dow Jones industrial average rose 15 points, closing at at 10,463 on Friday. The S&P 500 added 5 points to end at 1,109, and the tech-heavy Nasdaq Composite rose 10 points to 2,243, according to early tallies.
All three stock indexes posted gains in the two prior trading sessions, but those were modest compared to losses on Tuesday. The Dow needed to rise above 10,448 to breakeven for the week, and after hovering all day around that level, rallied late Friday to rise slightly higher.
Trading volume was exceptionally light during the shortened holiday week. U.S. stock markets were closed Monday for Labor Day, and trading desks were staffed lightly Thursday and Friday due to Rosh Hashanah.
Dollar remains 'stuck' on uncertain outlook
The dollar drifted lower against the euro this week, but held its own against the Japanese yen, as investors remain wary about the outlook for the global economy.
Concerns about the health of European banks boosted the dollar early in the week. But the currency settled in to a narrow range later on as investors had few economic reports to set the tone.
Many investors view the U.S. dollar as a safer alternative to currencies such as the euro and the Canadian dollar, which are more sensitive to economic growth. As a result, the dollar tends to rise when economic conditions are uncertain and fall when the outlook brightens.
– CNNMoney.com reporters Annalyn Censky and Ben Rooney contributed to this report.