Overview
- The S&P 500 slipped 0.1% to 6,940.01, the Dow fell 0.2% to 49,359.33, and the Nasdaq eased 0.1% to 23,515.39 on Friday.
- Regional-bank earnings diverged, with PNC rising after topping fourth-quarter estimates and Regions Financial falling after a miss.
- Strength in several large technology stocks helped counter broader market softness.
- For the week, the S&P 500 fell 0.4%, the Dow lost 0.3%, the Nasdaq declined 0.7%, and the Russell 2000 gained 2%.
- Year to date, the S&P 500 is up 1.4% and the Russell 2000 has advanced 7.9%.