US stocks close mixed on weak retail earnings

iStock/Thinkstock(NEW YORK) — U.S. stocks closed mixed Friday as retail stocks dragged.

The Dow Jones Industrial Average gave up 22.81 (-0.11 percent) to finish at 20,896.61.

The Nasdaq gained 5.27 (+0.09 percent) to close at 6,121.23 while the S&P 500 finished at 2,390.90, down 3.54 (-0.15 percent) from its open.

Crude oil remained flat with prices under $48 per barrel.

Winners and Losers:  Shares of J. C. Penney Company, Inc. tumbled 14 percent after reporting revenue and same-store sales much lower than expected by analysts in the first-quarter.

Despite online sales growing 11 percent last quarter, Nordstrom’s stock tanked 10 percent as both same-store sales and comparable sales were down.

AstraZeneca PLC’s shares climbed 9 percent after the pharmaceutical company announced positive results in trials of its lung cancer treatment drug.

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