Stocks trimmed losses and the Nasdaq turned positive on Friday after data on factory orders was slightly better than expected and an industry report showed the services sector grew for an eleventh straight month.
The Dow Jones industrial average <.DJI> dropped 5.03 points, or 0.04 percent, to 11,357.38. The Standard & Poor's 500 Index <.SPX> shed 1.17 points, or 0.10 percent, to 1,220.36. The Nasdaq Composite Index <.IXIC> gained 1.42 points, or 0.06 percent, to 2,580.77.
(Reporting by Chuck Mikolajczak; editing by Jeffrey Benkoe)