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U.S. Stocks Close Mixed On Earnings, Trade Talks
 

U.S. stocks ended mixed on Friday as investors were digesting the latest corporate earnings as well as the ongoing trade talks between China and the United States.

The Dow Jones Industrial Average added 1.11 points, mostly unchanged, to 24,715.09. The S&P 500 erased 7.16 points, or 0.26 percent, to 2,712.97. The Nasdaq Composite Index was down 28.13 points, or 0.38 percent, to 7,354.34.

U.S. retailer Nordstrom reported same-store sales that missed analyst expectations after market closing on Thursday. Shares of the company ended 10.90 percent lower on Friday.

With 91 percent of S&P 500 companies having reported first-quarter results, earnings were on pace for a 26.1-percent increase, according to Thomson Reuters data.

Meanwhile, investors were anxiously watching the ongoing U.S.-China trade talks in Washington.


(www.chinaview.cn 2018-05-21)
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