U.S. stocks slumped Friday as financial and health care companies moved lower. Industrial companies rose as stocks continued the up-and-down pattern they've been stuck in for the last month.
Stocks slumped in morning trading as banks fell in tandem with bond yields and interest rates and energy companies sank with oil prices.
Strong results from Honeywell and aviation electronics maker Rockwell Collins helped industrial firms. Toy maker Mattel plunged after it reported is second disappointing quarter in a row. Stocks climbed in the final minutes of trading and left the Standard & Poor's 500 index 1 percent higher for the week.
President Donald Trump gave the...