Wall Street fell short of a record following mixed profit reports from big companies.
The S&P 500 ended essentially flat Friday, a day after rallying within 0.1% of its all-time high set last month. The Dow Jones Industrial Average dipped 0.4%, and the Nasdaq composite added 0.4%.
Airbnb rallied after reporting stronger profit than analysts expected, while Applied Materials fell after giving a forecast for upcoming revenue that fell short of some estimates. Treasury yields eased after a report said sales at U.S. retailers weakened sharply last month.
On Friday:
The S&P 500 fell 0.44 points, or less than 0.1%, to 6,114.63.
The Dow Jones Industrial Average fell 165.35 points, or 0.4%, to 44,546.08.
The Nasdaq composite rose 81.13 points, or 0.4%, to 20,026.77.
The Russell 2000 index of smaller companies fell 2.20 points, or 0.1%, to 2,279.98.
For the week:
The S&P 500 is up 88.64 points, or 1.5%.
The Dow is up 242.68 points, or 0.5%.
The Nasdaq is up 503.37 points, or 2.6%
The Russell 2000 is up 0.27 points, or less than 0.1%.
For the year:
The S&P 500 is up 233 points, or 4%.
The Dow is up 2,001.86 points, or 4.7%.
The Nasdaq is up 715.98 points, or 3.7%.
The Russell 2000 is up 49.82 points, or 2.2%.