Stocks closed lower on Wall Street, pulling the S&P 500 and the Nasdaq composite below the records they set a day earlier. The S&P 500 fell 0.3% Friday. The Dow Jones Industrial Average gave back 0.6%. The Nasdaq composite slipped 0.2%. Levi Strauss jumped 11.3% after the jeans maker easily beat Wall Street’s sales and profit targets and raised its full-year forecast, despite expecting higher costs from tariffs. Earnings reports from big companies shift into high gear next week, with reports due from major banks including JPMorgan Chase.
