US stocks fall, DJIA and S&P cling to minor monthly gains

US stocks closed lower on Friday as disappointing economic data, corporate earnings and a setback in oil prices weighed down.

The Dow lost 57.12 points, or 0.32%, to 17,773.64. The S&P 500 dropped 10.50 points, or 0.51%, to 2,065.31. The Nasdaq Composite fell 29.93 points, or 0.62%, to 4,775.36.

However, main indexes clung to minor monthly gains. The Dow gained 0.5% in April, and the S&P rose 0.3%. However, the Nasdaq lost 2% over the month.

Oil retreats from 2016 highs but posts 20% monthly gain

Oil futures pulled back from fresh yearly highs during the American session and settled slightly lower on Friday after a survey showed that OPEC production in April reached near-record highs. Nevertheless, WTI recorded a nearly 20% gain for the month.
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