US Close 22 Aug 16: US markets closed lower on Friday. The AUD weaker at the start of trade.

S sharemarkets ended slightly lower as investors booked profits at the end of the week. Traders are now focussed on the Jackson Hole, Wyoming meeting of central bankers beginning on August 25. US Federal Reserve chair Janet Yellen is due to speak on August 26. The Dow Jones index fell by 45 points or 0.2%. The S&P 500 index fell by 0.1% and the Nasdaq lost almost 2 points or less than 0.1%. Over the week the Dow lost 0.1%, the S&P 500 index fell by less than 0.1% and the Nasdaq was up by 0.1%  

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