Wall Street closed its winning week and month with a quiet Friday following a mixed set of profit reports from Gap, Ulta Beauty and other companies navigating the challenges created by President Donald Trump’s on-and-off tariffs.
The S&P 500 finished the day nearly unchanged after edging down by less than 0.1 percent. The Dow Jones Industrial Average added 54 points, or 0.1 percent, and the Nasdaq composite slipped 0.3 percent.
Gap weighed on the market even though the retailer reported stronger profit and revenue for the latest quarter than analysts expected.
Please select this link to read the complete article from The Associated Press.