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Market Snapshot: Stock market pulls back from records; GE disappoints

Reuters
GE falls after reporting quarterly results.

The S&P 500 index and the Nasdaq extended gains for a third week, while the broader market retreated on Friday as a subdued outlook from General Electric Co. cooled some buying enthusiasm with earnings season set to heat up.

The Dow Jones Industrial AverageDJIA, -0.15% declined 31.71 points, or 0.2%, to close at 21,580.07. The S&P 500 index SPX, -0.04% slid 0.91 point to end at 2,472.54 and the Nasdaq Composite Index COMP, -0.04% dropped 2.25 points to finish at 6,387.75.

For the week, the Dow fell 0.3% but the S&P 500 is up 0.5% and the Nasdaq added 1.2%.

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