What You Need To Know About Markets And The Economy
US stocks were trading mixed on Friday but still largely flat as investors digested more corporate earnings results.
The S&P 500 and Dow Jones Industrial Average are headed for their worst trading week since March. The Nasdaq Composite is expected to close the week in the red as well. Over 75% of S&P 500 companies that have reported so far have beat analysts' earnings estimates, per FactSet. Procter & Gamble posted upbeat results on Friday and raised its sales outlook.
Wall Street is also turning attention to next week's release of quarterly results from mega-cap techs like Alphabet and Amazon.
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