U.S. stocks turned mostly higher on Friday, with the S&P 500 and the Dow Jones Industrial Average closing at records, after the government reported an unexpected slowdown in consumer

spending in April. " People are still struggling with their incomes and cautious with their businesses. Ironically the market is hitting new highs here on some rather disappointing

numbers; GDP yesterday was pretty miserable, but we talked our way through it because of inventories," said Bruce McCain, chief investment strategist at Key Private Bank, referring to a

lack of an inventory buildup. The Reuters/University of Michigan survey of consumer sentiment came in at 81.9 in May, lower than the consensus estimate of 82.4. The figures from the

expectations of 61. The economy is not ready to "break out and do a lot better and not weak enough where we are going into a recession and a down cycle where we can expect to buy stocks

a lot cheaper. It's a tough time for anybody who wants to invest at this point, but sitting on the sidelines is not the answer either," McCain said. Express declined after the

retail chain reduced its yearly profit outlook; Lions Gate Entertainment also fell, a day after the film studio reported quarterly results below expectations; Infoblox dropped sharply after

cutting its full-year forecast and saying its CEO would depart. OmniVision Technologies jumped after projecting quarterly earnings would climb more than Wall Street estimates. Shares of

Apple turned lower. Posting a 0.8 percent gain in May, the DOW JONES INDUSTRIAL AVERAGE added 18.43 points, or 0.1 percent, to 16,717.17, topping its May 13 record. After rising to an

all-time high for a fourth session, the climbed 3.54 points, or 0.2 percent, to 1,923.57, also a record. The index rose 2.1 percent for the month, with both the Dow and the S&P tallying

a fourth monthly gain. After an initial rise, the Nasdaq dropped 5.33 points, or 0.1 percent, to 4,242.62, leaving it up 3.1 percent for May. Advancers moved just passed decliners on the New

York Stock Exchange, where nearly 916 million shares traded. Composite volume approached 3.2 billion. After dropping to lows not seen since last summer, the yield on the 10-year Treasury

note used in determining mortgage rates and other consumer loans climbed 1 basis point to 2.474 percent; the dollar declined against the currencies of major U.S. trading partners. The

10-year yield yield is "signaling economic weakness that isn't yet obvious; we think it's more a matter of supply and demand," said McCain. Crude-oil futures for July

delivery fell 87 cents, or 0.8 percent, to $102.71 a barrel, and gold for August delivery declined $11.10, or 0.9 percent, to $1,246 an ounce. READ MOREGOLD TUMBLES TO NEAR FOUR-MONTH LOW On

Thursday, stocks rose for a fifth day in six, lifting the S&P 500 to another all-time high, as Wall Street bet that the economy would rebound from its first contraction in three years.

Factset Symbol Name Value MKT.CVOL-BATY BATY Composite Volume 1833300000 MKT.CVOL-BATS BATS Composite Volume 1300000 MKT.CVOL-CBO CBOE Composite Volume 805500000 MKT.CVOL-CHI CHICAGO

Composite Volume 562600000 MKT.CVOL-EDGX EDGX Composite Volume 1839500000 MKT.CVOL-EDGA EDGA Composite Volume 1831400000 MKT.CVOL-ADF FINRA Composite Volume 1841000000 MKT.CVOL-BOS NASDAQ

OMX BX 1830000000 MKT.CVOL-PHL NASDAQ OMX PSX 1759300000 MKT.CVOL-CIS NATIONAL Composite Volume 1696300000 MKT.CVOL-NYS NYSE Composite Volume 3204100000 MKT.CVOL-ASE MYSE MKT Composite

Volume 105700000 MKT.CVOL-PSE NYSE ARCA Composite Volume 764200000 MKT.CVOL-NAS NASDAQ Composite Volume 1852400000 MKT.CVOL-OTC OTC BB Composit Volume 457200000 Total 20383800000 _—By

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