(CNBC) – Stocks closed little changed on Friday as strong quarterly results from some of the largest U.S. companies, including Microsoft and Honeywell, counterbalanced threats made by President Donald Trump to increase tariffs on China.
The S&P 500 slipped 0.1 percent to 2,801.83, with real estate and utilities lagging. The Dow Jones Industrial Average fell just 6.38 points to 25,058.12 as losses in IBM offset gains in Microsoft. The Nasdaq Composite declined 0.1 percent to close at 7,820.20.
For the week, the S&P 500 and Nasdaq closed slightly lower while the Dow rose 0.1 percent to post its first three-week winning streak since January.
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