US stocks closed lower on Friday as
data showed the economy contracted in the first quarter but indexes still
posted gains for the month.
The Dow Jones industrial average fell 115.44 points, or 0.64 percent, to 18,010.68, the S&P 500 lost 13.4 points, or 0.63 percent, to 2,107.39 and the Nasdaq Composite dropped 27.95 points, or 0.55 percent, to 5,070.03.
The Dow Jones industrial average fell 115.44 points, or 0.64 percent, to 18,010.68, the S&P 500 lost 13.4 points, or 0.63 percent, to 2,107.39 and the Nasdaq Composite dropped 27.95 points, or 0.55 percent, to 5,070.03.
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