U.S. stocks opened mostly lower on Friday with the main benchmarks on track to end the week roughly where they started. Investors turned cautious after a flood of new question marks surrounding government policy on both trade and the dollar, overshadowing positive quarterly results from General Electric and Microsoft. The S&P 500 fell 2 points, or 0.1%, to 2,803. The Dow Jones Industrial Average declined 62 points, or 0.3%, to 24,998. The Nasdaq Composite Index bucked the trends, opening 16 points, or 0.2% higher, to 7,840 Among the biggest gainers on the S&P 500, shares of Microsoft Corp. rallied more than 3% after quarterly earnings results.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Latest posts by Market Watch (see all)
- NewsWatch: Meet the tech-savvy upstarts who think they can finally give Realtors a run for their money - August 18, 2018
- White House counsel McGahn has cooperated ‘extensively’ with Mueller: NYT - August 18, 2018
- The Wall Street Journal: Trump slams social-media companies for ‘censorship’ of the right - August 18, 2018