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MARKET SNAPSHOT: U.S. Stocks End Lower; H-P, Chevron Boost Dow

U.S. stocks ended mostly lower on Friday after a report showed the economy expanded at a slower pace than expected in the first quarter and a gauge of consumer sentiment fell in April.However, gains for Hewlett-Packard Co. and Chevron Corp. helped the Dow Jones Industrial Average finish in positive territory.The S&P 500 index (SPX) fell 2.92 points, or 0.2%, to end at 1,582.24 after hitting an intraday low of 1,577.56. The benchmark snapped a five-session winning streak Friday, but it posted weekly gains of 1.7%.The technology and consumer staples sectors were the only gainers among the S&P 500's 10 major industry groups, while materials was the worst performing sector. See: 14 cheap dividend stocks for a cheap market.The technology-heavy Nasdaq Composite (RIXF) dropped 10.72 points, or 0.3%, to end at 3,279.26, leaving it up 2.3% for the week."What's happening today is a little bit of jitters on the economic front and a little bit of jitters on the earnings front," said Adam Sarhan, c...

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  1. PerkinElmer to Sell Illumination and Detection Business for $500M

    Shares of PerkinElmer (NYSE:PKI), a manufacturer of technology solutions addressing health and safety concerns, ticked up more than 3% Wednesday on the company’s ann...

  2. How Businesses Can Prepare for Health-Care Law

    Vitalspring Technologies CEO Dr. Sreedhar Potarazu on what the legal changes stemming from the new law mean for employers.

  3. Perkinelmer CEO on Earnings Beat

    Perkinelmer Chair Robert Friel on its quarterly earnings and how the company was able to raise its full-year guidance.

  1. MARKET SNAPSHOT: S&P 500 Nearly Erases Losses As Apple Gains

    Gains for Apple Inc. helped the S&P 500 index nearly erase losses on Friday afternoon, offsetting disappointment over weaker-than-expected first-quarter economic gro...

  2. MARKET SNAPSHOT: U.S. Stocks Fall After GDP Report; H-P Boosts Dow

    U.S. stocks dropped on Friday after a report showed the U.S. economy expanded at a slower pace in the first quarter than expected and a gauge of consumer sentiment d...

  3. MARKET SNAPSHOT: U.S. Stocks Fall After GDP Data; H-P Boosts Dow

    U.S. stocks dropped on Friday after data showed the U.S. economy expanded at a slower pace in the first quarter than expected and a gauge of consumer sentiment decli...

  4. Market Wrap for Friday, April 26: Major Averages Mixed to Close Out Week

    Stocks closed mixed in a quiet trading session on Friday. Investors were focused on numerous earnings reports during the day and a couple of economic reports that of...

  5. U.S. Stock Futures Fall Before GDP -2-

    U.S. stock market futures fell Friday as investors grew cautious ahead of an initial reading on U.S. growth data, due later. Earnings from Chevron Corp. and D.R. Hor...

  6. Analysis: No rebound yet, but some U.S. companies see European bottom

    The corner is far from turned in Europe, but for some U.S. companies there is a sense that they have reached - or can at least see - a bottom after years of weakness...

  7. PerkinElmer CEO on Caliper Acquisition, Growth Overseas

    PerkinElmer CEO Rob Friel on the company’s acquisition of Caliper and its strong growth in emerging markets.

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