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The CDC may update Covid-19 isolation guidelines from five days to 24 hours if an individual is fever-free without medication—standardizing the protocol for the disease with the same rule for the flu and RSV. (the New York Times)

Here’s where the major benchmarks ended:

Stocks slumped into the long weekend yesterday, snapping a five-week weekly winning streak when they fell in the wake of wholesale price data that shows inflation is probably not as tamed as the Fed would like it to be. But Coinbase gave the latest indication that the crypto winter has thawed. The crypto exchange’s stock rose after it reported its first quarterly profit in two years.

• The S&P 500 index fell 24.16 points (0.5%) to 5,005.57, down 0.4% for the week; the Dow Jones Industrial Average^® (DJI) lost 145.13 points (0.4%) to 38,627.99, down 0.1% for the week; the NASDAQ Composite^® (COMP) declined 130.52 points (0.8%) to 15,775.65, down 1.3% for the week.
• The 10-year Treasury note yield (TNX) rose over 4 basis points to 4.285%.
• The CBOE Volatility Index^® (VIX) rose 0.23 to 14.24.

Communications services and transportation shares were among the market’s weakest performers Friday, while energy companies firmed behind strength in crude oil futures. The small-cap Russell 2000^® Index (RUT) fell 1.4% Friday but still ended the week with a gain of 1.1%, its second straight weekly advance.

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Filed under: "Ask-an-Advisor", Breaking News, Drugs and Pharma, Ethics, Experts Invited, Financial Planning, Health Insurance, Healthcare Finance, Investing, Risk Management | Tagged: CBOE, CDC, coinbase, coronavirus, Covid-19, crypto, DJIA, DOW, fed, flu, FOMC, influenza, medical debt, NASDAQ, novrl, NYT, RSV, RUT, S&P 500, TNX, VIX |