Stocks open mostly lower a day after S&P 500, Nasdaq hits records

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U.S. stocks were mostly lower at the start of Friday’s session as markets struggled to extend their record-setting rally, with analysts citing a lack of new catalysts for further gains. The S&P 500
SPX,
+0.47%
fell 0.1% to 3,912. The Nasdaq Composite
COMP,
+0.50%
slid 0.4% to 13,963. The Dow Jones Industrial Average
DJIA,
+0.09%
advanced 0.1% to 31,463. President Joe Biden on Thursday said the U.S. would have enough COVID-19 vaccines by the end of the summer to inoculate 300 million Americans, but suggested it may take time to get those vaccines into arms. Shares of Walt Disney Co.
DIS,
-1.70%
rose 1.7% after the entertainment company delivered a surprise fourth-quarter profit.

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