Dow, S&P eke out monthly gains as earnings, data weigh

U.S. stocks ended lower Friday, barely clinging to monthly gains, as disappointing economic data and corporate earnings raised doubts about the strength of the U.S. economy. The S&P 500 slid 10.50 points, or 0.5%, to 2,065.31, with health-care and information technology shares logging the largest declines. The Dow Industrials were off 57.12 points, or 0.3%, to 17,773.64, with Wal-Mart Stores Inc. and Intel Corp. leading the blue-chip gauge lower. The Nasdaq Composite was down 29.93 points, or 0.6%, to 4,775.36. The S&P recorded an April gain of 0.3%. The Dow logged a monthly gain of 0.5%. The Nasdaq — which lagged its peers for most of the month — saw a 2% drop.

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From:: Stock Market News

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