The U.S. stock market closed lower Friday as the technology sector slumped, but all three major benchmarks booked weekly gains after President Donald Trump returned to the White House. The Dow fell 0.

Investors have greeted this earnings season with a sunny attitude. The numbers show why. With results in from 16% of S&P 500 companies, FactSet data shows that: 80% have beaten earnings expectations,

The big three U.S. stock benchmarks were taking a breather on Friday from their run toward new record highs. The focus in markets still was very much on the firehose of policy initiatives from President Trump's first week back in office.

Big Tech stocks were mostly down late afternoon Friday, with artificial-intelligence chip maker Nvidia on pace for a large loss, according to FactSet data, at last check. Nvidia was down 3.5%, the worst performance among the seven Big Tech stocks held by the Roundhill Magnificent Seven ETF.

U.S. stocks finished higher on Wednesday after a slew of robust corporate earnings and President Donald Trump's new initiative on artificial intelligence pushed Wall Street closer to record territory.

American Express shares fell about 3% Friday after the company reported earnings and gave an outlook that disappointed some investors. The credit card company logged net income of $2.17 billion, or $3.

U.S. stocks were rising across the board on Wednesday morning, buoyed by the advance in megacap technology names. Under the surface, however, there is furious paddling. The Dow Jones Industrial Average was struggling to hold on to its slight gains,

The U.S. stock market was slipping midday Friday, but all three major indexes remained on track for back-to-back weekly gains. The Dow Jones Industrial Average was down 72 points in midday trading, or 0.

The S&P 500 and Nasdaq have both felt pressure as shares of major tech companies came under pressure Monday. Investors continue to keep a close eye on rising Treasury yields, which heighten worries about valuations, particularly for some of the market's most highly valued names.

Exchanged-trade funds that invest in the U.S. bond market were rising Friday as Treasury yields fell, according to FactSet data, at last check. The iShares Core U.S. Aggregate Bond ETF was up 0.2%, while the Vanguard Long-term Treasury ETF climbed 0.

ETFs that help investors minimize the heft of Big Tech stocks, or altogether avoid seven closely watched megacap companies, have outperformed in the past month.

The U.S. stock market’s so-called fear gauge was on pace to potentially end at its lowest level of the year as investors looked to close out the first week of trading since President Donald Trump returned to the White House.