U.S. Stocks Eye Weekly Gains; Nasdaq Hits Intraday Record

By Anora MahmudovaMarketWatch Pulse

U.S. stocks were mixed as gains in tech stocks were offset by losses in the rest of the market. The main indexes were still on track to record solid weekly gains, however. The Nasdaq Composite hit an intraday record as tech stocks rallied. Google shares soared double digits at the open, after the tech group beat earnings expectations on Thursday. The S&P 500 was off by 2 points, or 0.2%, at 2,122. The Dow Jones Industrial Average fell 61 points, or 0.3%, to 18,058. The Nasdaq Composite outperformed other indexes, rising 27 points, or 0.5% to 5,189, trading at record levels.

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