Indices closed out mixed on Friday. The Dow and S&P 500 ended in the green zone. The Nasdaq shaved a few points. IBM, Intel and Microsoft led advancers after posting respectable earnings details late yesterday. Crude oil shed $2.21 to settle at $98.33 a barrel. Meanwhile, existing-home sales edged up last month. The National Association of Realtors said sales of existing homes hit an annualized rate of 4.61 million units in December, up from November’s 4.39 million units. Looking ahead to next week, the FOMC is scheduled to meet, fourth-quarter GDP data is due and such brands as Apple, Yahoo, and Caterpillar will issue earnings details.
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