NEW YORK, April 27 (Xinhua) -- U.S. stocks ended mixed on Friday as investors were digesting a string of earnings reports and key economic data from the country.
The Dow Jones Industrial Average lost 11.15 points, or 0.05 percent, to 24,311.19. The S&P 500 climbed 2.97 points, or 0.11 percent, to 2,669.91. The Nasdaq Composite Index was up 1.12 points, or 0.02 percent, to 7,119.80.
U.S. e-commerce giant Amazon reported first-quarter earnings and revenue that way above market expectations after the closing bell on Thursday. Shares of the company surged 3.6 percent in market closing on Friday.
Microsoft also posted better-than-forecast earnings, sending its stock 1.65 percent higher.
So far, the earnings season has been overall positive. Of the S&P 500 companies that have reported, 79.4 percent have posted better-than-forecast earnings, according to the latest data from U.S. research firm FactSet.
U.S. gross domestic product(GDP) increased 2.3 percent in the first quarter of 2018, beating market consensus of a 2-percent gain, but lower than the 2.9-percent growth rate in the previous quarter, the Commerce Department said on Friday.
Meanwhile, the final reading of U.S. Consumer Sentiment Index came in at 98.8 in April, above market estimates, according to a survey released by the University of Michigan on Friday. Enditem
