New York - Wall Street stocks finished lower on Friday as nervousness about North Korea and other geopolitical hotspots offset positive momentum from a batch of mostly strong corporate earnings.
Art Hogan, chief market strategist at Wunderlich Securities, said investors were reluctant to commit additional funds ahead of the weekend, much like last week, when skittishness ahead of the French presidential election depressed equities.
"It's very typical of the last three or four weeks. Friday afternoon seems to be the unwind day," he said. "By that, I mean no one wants to take a big bet when you're heading into the weekend."