Ten of the 11 major S&P 500 sectors were higher, with the energy index's 1.29 percent rise leading the advancers. U.S. stocks slipped on Friday, ending the week lower as tepid economic data weighed on banks and worries deepened over department stores. The tepid economic data comes on the heels of a strong quarterly earnings season. Earnings at S&P 500 companies are expected to have grown 14.5 percent in the first quarter - the best showing since 2011, according to Thomson Reuters I/B/E/S. The S&P 500 index showed nine new 52-week highs and four new lows, while the Nasdaq recorded 44 new highs and nine new lows.

Source: dna May 15, 2017 13:52 UTC