Stocks Finish Mixed on Late Weakness
NEW YORK (TheStreet) -- The major U.S. equity averages finished mixed on Friday with the Dow Jones Industrial Average posting its first down week of the month.
Equities were in positive territory for most of the session with investor sentiment lifted by hopes for clarity on a rescue program for Spain, strong quarterly results from homebuilder KB Home (KBH) and the global availability of Apple's (AAPL) iPhone 5, but selling pressure arrived in the final hour.
The Dow fell more than 17 points, or 0.13%, to close at 13,580. The blue-chip index, which was up nearly 50 points at its high for the day, snapped a three-session winning streak and was down 0.10% for the week.
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