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US stock indices edged lower on Friday amid stronger earnings from more big US companies.

As of 12:43 PM Eastern Time, the S&P 500 slipped 0.1%, the Dow Jones Industrial Average was down 0.5%, and the Nasdaq Composite fell 0.1%.

As of 11:30 AM Eastern Time, the S&P 500 and the Nasdaq Composite were nearly unchanged, while the Dow Jones Industrial Average was down 0.3%.

As of 10:05 AM Eastern time, the S&P 500 was 0.1% higher, the Dow Jones Industrial Average was down 0.2%, and the Nasdaq Composite was up 0.2%.

On Thursday, the S&P 500 and the Nasdaq finished at record levels, on upbeat retail-ventures-share-price-nse-bse-s0005828" data-vars-anchor-text="retail">retail sales and jobless claims data.

In terms of economic data on Friday, the University of Michigan's Consumer-b-share-price-nse-bse-e00354" data-vars-anchor-text="Consumer">Consumer Sentiment Index rose to 61.8 in July from a final reading of 60.7 in June.

In the bond market, the yield on the 10-year Treasury sank to 4.43% from 4.47% late on Thursday. The 2-year Treasury yield dropped to 3.87% from 3.91%.

Netflix stock dropped 5.1% despitereporting a stronger quarterlyprofit.

Norfolk Southern shares jumped 3% after an AP report said it’s talking with Union Pacific about a mergerto create the largest railroad in North America. Union Pacific’s stock fell 1%.

Stocks of Charles Schwab soared 3.1%, Regions Financial gained 4.5% and Comerica added 1.7% following their respective profit reports.

Chevron shares rose 0.5% after announcing completion of acquisition of Hess.

Gold prices edged higher on Friday on a weaker US dollar-industries-share-price-nse-bse-s0003324" data-vars-anchor-text="dollar">dollar and ongoing geopolitical and economic uncertainty.

Spot gold rose 0.5% to $3,353.80 per ounce, as of 0947 AM EDT (13:47 GMT). US gold futures were up 0.5% to $3,360.50.

Among other metals, spot platinum fell 0.7% to $1,448.03 per ounce, Palladium climbed 0.7% to $1,289.50, and silver added 0.5% to $38.31.

Crude oil futures rose on Friday while gasoil futures jumped to a 17-month high as investors weighed new European Union sanctions against Russia.

Brent crude futures climbed 68 cents, or 1%, to $70.20 a barrel by 1327 GMT. US West Texas Intermediate crude futures gained 81 cents, or 1.2%, to $68.35.

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