U.S. stocks closed mixed on Friday, with the S&P 500 snapping a six-day winning streak. However, the broad market index recorded gains last week. The S&P 500 gained around 1.1%, while the blue-chip Dow added about 0.7% last week.
Intel’s first-quarter projection for both sales and profit came in well short of Wall Street estimates, and executives struggled to soothe concerns during a conference call with analysts.