India, Aug. 15 -- Following the lackluster performance seen in the previous session, stocks moved mostly lower during trading on Friday. The Nasdaq and the S&P 500 moved to the downside, although the narrower Dow managed to post a modest gain.
While the Dow inched up 34.86 points or 0.1 percent to 44,946.12, the S&P 500 fell 18.74 points or 0.3 percent to 6,449.80 and the Nasdaq slid 87.69 points or 0.4 percent to 21,622.98.
Despite the lower close on the day, the Nasdaq and the S&P 500 advanced by 0.8 percent and 0.9 percent, respectively, for the week. The Dow also posted a strong weekly gain of 1.7 percent.
The weakness in the broader markets came following the release of mixed batch of U.S. economic data, which has led to some uncert...