S&P 500 dips after four days of gains; earnings eyed
NEW YORK (Reuters) – The S&P 500 broke a four-day string of gains, ending slightly lower on Friday as an unexpected drop in the U. S. unemployment rate was overshadowed by concerns about the coming earnings season, which begins with Alcoa next week. All three major U. S. stock indexes came off session highs by afternoon trade, with the S&P 500 turning negative for the first time this week, as investors braced for weak corporate results. The Nasdaq was pressured by Apple Inc , which fell 2. 1 percent to close at $652. 59. S&P 500 earnings for the third quarter are forecast to have fallen 2. . . .
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