Wall Street ends little changed; Microsoft hits record

The S&P 500 and the Dow were little changed and the Nasdaq advanced on Friday as a record day for Microsoft and earnings from McDonald's helped offset a fall in energy and healthcare shares. 

 

General Electric, often seen as an economic bellwether, weighed on the market as the industrial conglomerate's posted results that topped expectations but cut its full-year revenue target to send shares down 0.9 percent after it touched an 8-month low of USD 28.33. A stronger dollar, which touched its highest level since early February, also pulled on sentiment as it could dent the earnings of large multinationals. 

 

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