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Post by bot on Apr 22, 2016 16:24:19 GMT -5
U.S. stocks edge up to extend gains for second week but Nasdaq bucks trend
U.S. stocks edged up on Friday, gaining for a second week in a row, but the tech-heavy Nasdaq bucked the trend as bellwether tech stocks lagged. Alphabet Inc. and Microsoft Corp. led the decliners in the wake of weaker-than-expected quarterly earnings. The S&P 500 added less than a point to close at 2,091 while the Dow Jones Industrial Average rose 21 points, or 0.1%, to end at 18,003. However, the Nasdaq slid 39 points, or 0.8%, to close at 4,906.
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