(Jan 27): U.S. stocks were slightly lower at the open on Friday, as investors took a breather following the Dow Jones Industrial Average's three-day winning streak, which has kept the index firmly above the 20,000 mark. Five of the 11 major S&P sectors were lower, with the energy index's 0.49% fall leading the decliners. Chevron, which reported lower-than-expected results, was the biggest drag on the Dow and the S&P. Microsoft rose 1.6% to US$65.26, while Intel gained 1.2% to US$38.03, after the two companies reported quarterly results above Wall Street expectations. Another set of data showed new orders for U.S.-made capital goods increased more than expected in December, with non-defense capital goods orders, excluding aircraft, rising 0.8%.

Source: The Edge Markets January 27, 2017 22:29 UTC