U.S. stocks kicked off Friday trade slightly lower after a reading of the rate of economic expansion in the U.S. in the first quarter came in better than expected but offered signs of contraction in key business areas and consumer spending. Meanwhile, investors were digesting a fresh barrage of quarterly results that have thus far come in better than estimates. The Dow Jones Industrial Average DJIA, -0.19% was off 23 points, or 0.1%, at 26,435, weighed by a decline in shares of Intel Corp.
See Full Story Stocks retreat modestly as investors digest stronger-than-expected GDP, disappointing earnings Stocks rise cautiously after a strong GDP report, weaker-than-expected earnings from Intel and Exxon Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.