Equities end flat but Dow ekes out record

The S&P 500 lost 10.27 points, or 0.18%, to end at 5,703.37 points, while the Nasdaq lost 65.66 points, or 0.36%, to 17,948.32. The Dow rose 37.62 points, or 0.09%, to 42,062.81.

NEW YORK: US stocks closed nearly unchanged on Friday, as investors paused buying after a strong rally in the prior session that was fuelled by an upsized interest-rate cut by the Federal Reserve, while Nike's gains helped nudge the Dow to a record.

After notching their biggest daily percentage gains since mid-August, major averages were subdued for most of the session, but managed to secure weekly gains of at least 1%.