After an early move to the upside, stocks moved mostly lower over the course of the trading session on Friday. The major averages pulled back off their early highs and into negative territory after moving sharply higher over the two previous sessions.
The Nasdaq and the S&P 500 reached nine-month intraday highs in early trading but ended the day in the red. The Nasdaq dipped 30.94 points or 0.2 percent to 12,657.90 and the S&P 500 edged down 6.07 points or 0.1 percent to 4,191.98, while the Dow fell 109.28 points or 0.3 percent to 33,426.63.
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