NEW YORK - The Nasdaq 100 index edged higher on Friday, even though the broader market declined on record-high oil prices and turmoil in the credit markets.
The Nasdaq 100 index, which includes 100 of the largest nonfinancial securities listed on the Nasdaq Stock Market, rose 0.33 points, or 0.02 percent, to 1,855.72. The broader Nasdaq composite fell 5.74 points, or 0.25 percent, to 2,315.63.
The major indexes finished down more than 3 percent for the week.
Sirius Satellite Radio Inc. rose 27 cents, or 14.8 percent, to $2.10, to post the highest percentage gain on in the Nasdaq 100.
Sears Holding Corp., which runs Kmart and Sears stores, added $3.33, or 4.5 percent, to $77.73.
And Garmin Ltd. shares gained $1.43, or 3.4 percent, to $44.12.
On the losing side, shares of Wynn Resorts Ltd. slipped $3.69, or 4.4 percent, to $79.81, after a Key Banc Capital Markets analyst downgraded the casino operator's stock. Shares hit $78.66, their lowest point since November 2006.
Cadence Design Systems Inc. declined 40 cents, or 3.8 percent, to $10.14.
And SanDisk Corp. fell with other semiconductor stocks, losing 70 cents, or 3.5 percent, to $19.23, after hitting a 5-year low of $18.95 during the session.

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