The Dow Jones Industrial Average managed to eke out another week of gains, but stocks concluded an unsettled day of trading in the red on Friday.

The S&P 500 was down 0.18%, the Dow fell 0.05%, and the Nasdaq slid 0.36%. The Dow climbed 0.3% higher over the past five days, its sixth week of gains in a row.

Trading was slightly more erratic on Friday during the quadruple-witching session, one of four days of the year in which futures and options contracts expire at once.

Benchmark indices have bounced around since Wednesday, as markets digested a faster-than-expected pace of projected interest rate hikes from the Federal Reserve. On Wednesday, the Fed raised its forecast to show three likely rate hikes in 2017, up from the two previously predicted. The Fed kept its forecast for three hikes in both 2018 and 2019. The central bank also opted to hike interest rates in a unanimous decision. The accelerated expected pace of hikes was a shock to the markets.

The Dow has traded at record levels since the presidential election. The blue-chip index has closed 16 times at record levels since Election Day and is within range of the psychologically important and never-been-seen 20,000 level. The Dow has moved higher since President-elect Donald Trump began to pick candidates for cabinet positions that many presumed would be friendly to Wall Street, including ExxonMobil (XOM) - Get Report CEO Rex Tillerson for Secretary of State.

The U.S. dollar neared parity with the euro after jumping to a 14-year high on the back of the Fed's decision to hike rates. The dollar has also been on a tear lately after the U.S. election in which President-elect Donald Trump scored an Electoral College win. Trump is expected to bring forth spending policies designed to boost economic growth.

The amount of new construction on U.S. homes sank 18.7% to an annual pace of 1.09 million in November, the Census Bureau reported on Friday. The rate was weaker than the expected 1.23 million. Housing permits also fell, dropping 4.7% to an annual pace of 1.2 million. Single-family starts came in strong, though, at 828,000, the third-highest level since the economic recovery.

Crude oil prices moved higher on Friday as markets continued to digest a production cut agreement among major oil-producing nations. The Organization of Petroleum Exporting Countries (OPEC) agreed to reduce output at a late November meeting, while non-OPEC members have accepted a separate cut to production. OPEC restrictions go into effect in January. However, there are concerns that some countries may find it difficult to adhere to restrictions with production currently at record highs.

The number of active oil rigs in the U.S. climbed for its 15th week of 16 weeks, according to the latest Baker Hughes data. The oil rig count increased by 12 to 510, a worrying sign as traders contend with global oversupply.

The West Texas Intermediate crude oil rose 2% to $51.90 a barrel on Friday.

Oracle (ORCL) - Get Report fell after quarterly revenue missed consensus estimates. Sales rose nearly 1% to $9.07 billion, coming in short of estimates of $9.12 billion. The company reported that cloud-based revenue had exceeded $1 billion for the first time. Adjusted earnings of 61 cents a share beat analysts' estimates by a penny.

Other tech stocks, including Alphabet (GOOGL) - Get Report , Cisco (CSCO) - Get Report , IBM (IBM) - Get Report and Broadcom (AVGO) - Get Report were also lower. The Technology SPDR ETF (XLK) - Get Report slid 0.7%.

Cisco and Alphabet are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells CSCO? Learn more now.

Adobe (ADBE) - Get Report fell after reporting a sunny fourth quarter. The software company reported earnings of an adjusted 90 cents a share, 4 cents above estimates. Revenue surged nearly 23% to $1.61 billion, exceeding forecasts by $20 million.

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Chipotle (CMG) - Get Report climbed after adding four new members to its board, including Robin Hickenlooper, senior vice president of corporate development at Liberty Global, and Matthew Paull, former chief financial officer at McDonald's. The new board members assumed their positions on Dec. 14.

Honeywell (HON) - Get Report was flat after offering a weak outlook for 2017. The company gave its earnings forecast at $6.85 to $7.10 a share, on the weak side compared to a consensus of $7.08. Honeywell also reiterated a fourth-quarter earnings target of $1.74 a share, a penny below average estimates.

Priceline (PCLN) announced Thursday evening that it had named Glenn Fogel as its new CEO, beginning in the new year. Fogel currently holds the position of head of strategy and executive vice president of corporate development. Priceline's interim CEO, Jeff Boyd, will assume the position of executive chairman.