NEW YORK, Nov. 22 (Xinhua) -- U.S. stocks traded mixed on Friday as a slew of upbeat data lent support while falling Tesla shares weighed on the market.
At midday, the Dow Jones Industrial Average rose 74.91 points, or 0.27 percent, to 27,841.20. The S&P 500 was up 3.10 points, or 0.10 percent, to 3,106.64. The Nasdaq Composite Index decreased 4.65 points, or 0.05 percent, to 8,501.56.
Seven of the 11 primary S&P 500 sectors traded higher around midday, with financials up about 0.5 percent, outperforming the rest. Real estate dipped 0.4 percent, the worst-performing group.
Tesla shares fell 5.6 percent around midday. The U.S. electric car maker revealed its long-awaited electric pickup truck on Thursday.
On the data front, U.S. consumer sentiment index stood at 96.8 in November, above the October level of 95.5, showed data released Friday by the University of Michigan. Economists polled by Dow Jones expected consumer sentiment to dip to 94.9 for November.
The seasonally adjusted flash U.S. services business activity index registered 51.6 in November, up from 50.6 in October, according to IHS Markit on Friday.
Meanwhile, the IHS Markit flash U.S. manufacturing purchasing managers' index (PMI) rose to 52.2 this month from 51.3 in October. Enditem
