Real estate companies led the gainers.
KEEPING SCORE: The Dow Jones industrial average slid 33 points, or 0.2 per cent, to 20,694 as of 1 p.m.
"We are likely to see a good quarter in terms of earnings, so I think there is some anticipation perhaps in the market here". The Russell 2000 index of smaller-company stocks picked up 5 points, or 0.4 per cent, to 1,387.
Specialist Thomas McArdle works at his post on the floor of the New York Stock Exchange, Thursday, March 30, 2017. The 10-year Treasury yield fell to 2.39 per cent from 2.42 per cent late Thursday.
Wall Street closed out a solid quarter Friday with a day of listless trading that ended on a soft note.
USA economic growth slowed less than previously reported in the fourth quarter as robust consumer spending provided a boost, the Commerce Department said. Meanwhile, the Fed-watched PCE inflation index rose 2.1% for the 12-month period ending in February, marking the strongest growth in almost five years.
US stocks closed higher on Thursday, 30 March 2017 as financial shares rallied following a positive reading of economic growth and the tech-heavy Nasdaq returned to finish in record territory after a month-long wait.
The market has been choppy in the past few days as investors look for new catalysts and ahead of first-quarter corporate earnings.
Sentiment was lifted by economic data, which showed that the economy grew faster than initially reported in the fourth quarter of past year, at a pace of 2.1% against an analyst forecast of 2%.
TAKE THE WHEEL: Shares in two big auto dealership companies were in a skid.
BlackBerry shares jumped 15%, after it reported better than expected results.
NantHealth didn't fare as well. CIBC said it offered about US$4.9 billion in cash and stock, up from the earlier US$3.8 billion offer.
Auto dealership companies were among the decliners Friday. It gained 59 cents the previous session to $53.13.
Financial shares surged 1.2 per cent, with Bank of America and Citigroup propping up the S&P 500. At the same time, DuPont will buy FMC's health and nutrition unit.
The sale of the crop protection interests was a pre-requisite for the European Commission's approval of DuPont's merger with The Dow Chemical Company (NYSE:DOW). FMC jumped $8.09, or 13.2 per cent, to $69.59. DuPont shares fell 89 cents, or 1.1 per cent, to $80.75.
MARKETS OVERSEAS: In Europe, Germany's DAX and France's CAC 40 were both essentially flat. London's FTSE 100 is the biggest regional laggard - down 0.5%. In Asia, Tokyo's Nikkei 225 and Hong Kong's Hang Seng each fell 0.8 percent.
Analysts also cited gains in the oil market, which closed above $50 in the U.S. for the first time in more than three weeks after Kuwait's oil minister endorsed OPEC output curbs.
USA stocks pared gains in early afternoon trading on Thursday as investors sought fresh triggers in the run up to the first-quarter earnings. Natural-gas prices, meanwhile, extended earlier declines after a weekly decline in domestic inventories of the fuel was in line with market expectations. Wholesale gasoline rose 2 cents to $1.70 per gallon and heating oil gained 2 cents to $1.57 per gallon. Silver added 5 cents to $18.26 per ounce. Bank of Montreal slipped 0.3 per cent to $99.55.