Stocks Ended Mixed after a Batch of Earnings

U.S. stocks ended lower on Friday after a batch of corporate earnings. The Dow Jones Industrial Average was down 16.64 points, or 0.09%, to 18,145.71. The S&P 500 was off 0.18 point, or 0.01%, to 2,141.16. The Nasdaq Composite gained 15.57 points, or 0.30%, to 5,257.40. Both the S&P and Nasdaq logged their strongest weekly gains in a month.

Oil futures finished modestly higher on Friday, with prices in New York marking a fifth-consecutive weekly gain amid growing expectations that major crude producers will strike a firm deal late next month to curb output.December West Texas Intermediate crude added 22 cents, or 0.14%, to settle at $50.85 a barrel. December Brent crude added 40 cents, or 0.8%, to $51.78 a barrel.

AT&T is in advanced talks to acquire Time Warner, according to three people briefed on the discussions, a deal that could be the largest in the United States this year.

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