CNBC market close business news update. I'm Jessica Edinger. Major averages all in the red on Friday heading into the weekend.The Dow down 107 points 2/10en of a percent led lower by shares of Salesforce which were down 2 and a.5%. The S&P 500 index down 13. The Nasdaq down 73 points.But the Russell 2000 index of smaller companies, that's the real story. higher for Friday and for the week. Chipmaker shares mixed on Friday.Oil prices rose more than 1% Friday as the US threatened economic isolation of Iran. U ...

Market Trends and Macroeconomic Data - Dow Jones Industrial Average dropped 133 points, representing a decrease of 0.25% [1] - S&P 500 index fell below 7,800, down 12 points, though still heading for its third consecutive winning week [1] - Nasdaq index declined by 98 points [1] - Cisco shares led the Dow lower with a 2.5% decrease [1] - University of Michigan consumer sentiment headline number came in at 51, which is 4 points lower than the expected 55 and represents the weakest sentiment since June when it was at 49.5 [2] - Current economic conditions sentiment index registered at 51.8% [2] - Consumer expectations index stood at 50.6%, coming in about 5 points weaker than expected [3] - Retail sales for July dropped by 0.6% (6/10 of a percent), falling way below economists' expectations of a slight increase [3] Industry and Company Performance - Disney theme parks delivered rock-solid results with earnings growth of 28% and great revenue growth, while continuing to raise ticket prices, drive demand, and expand streaming margins [5][6] - Disney shares were up 1% on the afternoon, though remaining in the red for the year [7] - Reddit shares surged by 14% following the announcement that the social media company will be added to the S&P 500 index [7]