The Dow snapped its five-day rally Friday as a slump in energy on falling oil prices offset strong gains in automakers.
The Dow Jones Industrial Average fell about 0.02%, the S&P 500 lost 0.04%, while the Nasdaq Composite fell 0.21%.
The relentless rise in oil prices came to halt, triggering a sea of red in energy stocks inflicting the first daily loss for the broader market in six days.
That offset strong gains in automakers amid an acceleration in shares of General Motors (NYSE:GM) after it delivered an upbeat outlook on future growth.
General Motors lifted its full-year 2018 earnings guidance, and touted more gains for 2019, sending its 7% higher.
Other auto stocks raced higher in the wake of GM's upbeat announcement.
Netflix's shift toward a "vertically integrated streaming business," is accelerating, as the company reduces the level of licensing obligations to third parties and ramps up spending on original content, both of which should translate into a "deeper moat, greater operating leverage, and meaningful free cash flow," Morgan Stanley (NYSE:MS) said in a note to clients.