US stocks close mixed on earnings, trade talks

IANS  |  New York 

US stocks ended mixed as investors were digesting the latest corporate earnings as well as the ongoing trade talks between and the US.

The Dow Jones Industrial Average on Friday added 1.11 points, mostly unchanged, to 24,715.09. The erased 7.16 points, or 0.26 per cent, to 2,712.97, reported.

The Index was down 28.13 points, or 0.38 per cent, to 7,354.34.

US retailer reported same-store sales that missed expectations after market closing on Thursday. Shares of the company ended 10.90 per cent lower on Friday.

With 91 per cent of companies having reported first-quarter results, earnings were on pace for a 26.1-per cent increase.

Meanwhile, investors were anxiously watching the ongoing US-trade talks in

--IANS

pgh/

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, May 19 2018. 03:46 IST