NEW YORK: Stocks ended flat on Friday as many traders took the day off, and those who were at work sifted through the first few quarterly earnings scorecards for fresh clues to corporate America’s health while looking ahead to next week’s full flood of company reports.
General Electric weighed on the blue-chip Dow Jones industrial average after the conglomerate posted third-quarter earnings in line with analysts estimates but cut its fourth-quarter earnings guidance, blaming weak demand for gas turbines and higher costs at its plastics division.
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