• The Dow Jones Industrial Average .DJI rose 5.17 points, or 0.02 percent, to 23,930.15, the S&P 500 .SPX lost 5.94 points, or 0.23 percent, to 2,629.73 and the Nasdaq Composite .IXIC dropped 12.75 points, or 0.18 percent, to 7,088.15.
The S&P 500 ended lower on Thursday after a choppy session as disappointing earnings reports from several companies offset strong economic data.
A sharp drop after the open had pushed the S&P 500 and the Dow Jones Industrial Average below their 200-day moving averages, a key technical indicator of longer-term momentum. But both indexes pared losses to rise back above those levels, with the Dow edging up slightly by the market’s close.
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• Asia markets were subdued in early morning trade, with investors watching how U.S.-China trade talks progress on Friday.
The ASX 200 was up 0.16 percent in morning trade, despite the heavily weighted financials subindex slightly lower. Gains were seen in the materials sector as well as gold producers.
The Kospi was down 0.31 percent with declines seen in the autos and tech sectors. Index heavyweight Samsung Electronics, which resumed trade on Friday after a halt, hovered around the flat line.
• Japan markets are closed on Friday for a holiday.
Reference: Reuters, CNBC
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