Stock Market Today: Stocks Close Mostly Lower Amid Rate-Hike Worries

The Dow closed higher on the day thanks to strength in healthcare stocks, but notched its longest weekly losing streak since September.

stock market chart
(Image credit: Getty Images)

Investors fretted over persistently high inflation and the Federal Reserve's future rate-hike plans Friday, which sent most stocks lower into the long holiday weekend. 

(For those wondering "is the stock market open on Presidents' Day," which is this Monday, Feb. 20, the answer is no.) 

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.