Stocks end week lower amid earnings, strong economic data:
Stocks closed slightly higher on Friday afternoon as investors digested a final slate of corporate earnings and fresh economic data to close out the week.
The S&P 500 (^GSPC) rose 0.09%, while the Dow Jones Industrial Average (^DJI) rose 23.99 points, or 0.07%. The technology-heavy Nasdaq Composite (^IXIC) rose 0.11%.
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All three major averages closed the week lower. The Dow had its worst week in six weeks, snapping a 4-week win streak.
The S&P Global’s flash reading on the U.S. Manufacturing Price Index came in hotter than economists surveyed by Bloomberg had expected on Friday. Services PMI hit a 12-month high at 53.7, while . Manufacturing PMI hit a six-month high of 50.4. Economists had estimated Services PMI at 51.5 and Manufacturing PMI at 49, per Bloomberg consensus data.
news via yahoo finance