US STOCKS-Wall St flat as earnings fail to excite investors

viernes 22 de abril de 2016 09:59 GYT

* S&P tech sector worst performer on S&P 500

* Microsoft drag on all three indexes

* McDonald's up on profit beat

* Dow up 0.07 pct, S&P down 0.07 pct, Nasdaq down 0.72 pct (Updates to open)

By Abhiram Nandakumar

April 22 (Reuters) - U.S. stock indexes were flat on Friday after poor quarterly reports from technology bellwethers Microsoft and Alphabet outweighed gains from steadying oil prices.

Microsoft was the biggest drag on all three major indexes.

Crude rose about 1 percent on signs of strong gasoline consumption in the United States.

With recent economic data indicating a sluggish pace of economic growth globally and crude prices hovering near five-month highs, earnings have become a swing factor for stocks.   Continuación...