U.S. stocks swung between small gains and losses Friday, capping a week in which this year's investor optimism about the direction of the economy faced its first test.
$S&P 500 index(.SPX.US)$ fell in early trading, then inched up before moving in a tight range for the rest of the day. It was up 0.2% as of 4 p.m. ET, but still turned in a 1.1% weekly decline, its worst weekly performance so far in 2023.
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