The S&P 500 fell slightly on Friday and headed for a weekly loss as investors evaluated a week's worth of earnings results and concerns of disappointing profits.
The Dow Jones Industrials dipped 24.22 points to 33,762.40.
The much broader index shied away 1.46 points to 4,128.33.
The NASDAQ nosed up 3.19 points to 12,062.75.
All major indices are on pace to finish the week in the red, with the Dow and the S&P 500 on track for their worst weekly performances since March. The tech-heavy NASDAQ saw the biggest declines, down 0.5%. The Dow gave back 0.4%, and S&P has lost about 0.2%.
Earnings season continued Friday, with results from Procter & Gamble. The consumer products company gained 3.6% after beating expectations and lifting it sales forecast. As of Friday morning, 76% of S&P 500 companies reporting earnings so far have beaten analyst EPS estimates, according to FactSet.
Elsewhere, material stocks were the worst performers, with Freeport-McMoRan falling 4% after posting a year-over-year decline in results. Albemarle dropped 5% as it announced a lithium plan with Chile.
Prices for the 10-year Treasury hesitated, raising yields to 3.57% from Thursday's 3.54%. Treasury prices and yields move in opposite directions.
Oil prices regained 48 cents to $77.85 U.S. a barrel.
Gold prices slid $31.60 to $1,987.50 U.S. an ounce.
Stocks Head for Weekly Loss as Profits Disappoint