Stocks finished mixed Friday. The Dow lost 63 points to 25,106 while the S&P 500 added a point to 2,707. The Nasdaq Composite gained 9 points to 7,298.
The major averages fluctuated as strength in Technology shares balanced concerns of slowing global growth. A series of disappointing economic updates from the eurozone this week weighed on investor sentiment early in the session. Trade concerns also garnered attention after a report from the Wall Street Journal revealed the U.S. and China have yet to draft a preliminary trade deal ahead of another round of high-level talks next week. Additionally, President Trump confirmed he will not meet with Chinese President Xi prior to the March 1 deadline.
Seven of 11 S&P 500 sectors finished in positive territory with Consumer Staples stocks pacing gains. Technology was a notable outperformer with Motorola Solutions jumping 13.7% to $134.88 after reveling robust sales-growth guidance. In other earnings, chipmaker Qorvo slid 3.0% to $64.51 after posting weaker-than-anticipated revenue figures. Shares of Expedia Group rose 2.1% to $130.45 after the online-travel booking company topped analyst revenue forecasts.
Breadth was roughly even on both the NYSE and the Nasdaq. Composite NYSE volume was more than 3.6 billion shares.
Treasuries strengthened for the fourth consecutive session, with the yield on the 10-year note down two basis points to 2.63%. In commodities, WTI crude added 0.1% to $52.68/barrel. COMEX gold gained 0.3% to $1,313.00/ounce.
For the week, the S&P 500 added 0.1% while the Dow gained 0.2%. The Nasdaq rose 0.5%.