NEW YORK (AP) -- U.S. stocks are moving mostly lower in midday trading as investors assess corporate earnings.
The Dow Jones industrial average fell 28 points, or 0.2%, to 16,886 as of midday Eastern time Friday.
The Standard & Poor's 500 index lost two points, or 0.1%, to 1,962. The Nasdaq composite rose four points, or 0.1%, to 4,400.
Fastenal, which makes industrial fasteners, fell 5% after reporting revenue that fell short of analysts' estimates.
The S&P 500 index is poised for its biggest weekly loss since April after closing out the previous week at a record high. It's down 1.2% so far this week.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.51%.
The Motley Fool recommends Apple. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.