US stocks edged lower on Friday, led by declines in utility shares as investors weighed prospects for an interest rate increase in the coming months.
Energy shares also weighed on the market, even though US crude oil prices settled higher.
The S&P utility index, which tends to fall as investor rate hike expectations rise, ended down 1.2 percent. The telecommunications index, also sensitive to changes in interest rates, fell 0.9 percent.
The Dow Jones industrial average ended down 45.13 points, or 0.24 percent, to 18,552.57, the S&P 500 lost 3.15 points, or 0.14 percent, to close at 2,183.87 and the Nasdaq Composite dropped 1.77 points, or 0.03 percent, to 5,238.38.
For the week, the Dow was down 0.1 percent, the S&P 500 was down 0.01 percent and the Nasdaq was up 0.1 percent.
The benchmark S&P 500 index remains up 6.8 percent for the year so far.
The energy index was down 0.8 percent.
Volume was low. Just 5.7 billion shares changed hands on US exchanges, compared with the 6.4 billion daily average for the past 20 trading days, according to Thomson Reuters data.
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