Global stocks closed lower but ended the week with solid gains. The German DAX closed about 0.4 percent lower, holding a weekly gain of almost 4.5 percent. The Nikkei 225 gained nearly 6.5 percent for the week and the Shanghai composite rose 3.1 percent for the week.
Overnight, official data showed China's gross domestic product grew at an annual rate of 6.7 percent in the first quarter, a touch below the fourth-quarter's 6.8 percent rate.
Other data topped expectations. Retail sales edged up to 10.5 percent in March, while fixed-asset investment growth rose to 10.7 percent year-on-year in the first quarter, Reuters said. Industrial output growth jumped to 6.8 percent from 5.4 percent.
Total social financing rose to 2.34 trillion yuan ($360.78 billion) in March from 780.2 billion yuan in February, Reuters said.
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The Dow Jones industrial average closed down 28.97 points, or 0.16 percent, at 17,897.46, with Apple leading decliners and Travelers Cos. the top advancer.
The index rose 1.8 percent for the week, with JPMorgan Chase the top performer and Coca-Cola the worst.
The S&P 500 closed down 2.05 points, or 0.10 percent, at 2,080.73, with energy leading five decliners and utilities the top advancer.
The S&P rose 1.6 percent for the week, with financials were the best performer and consumer staples the worst.
The Nasdaq composite closed down 7.67 points, or 0.16 percent, at 4,938.22.
The Nasdaq gained 1.8 percent for the week, with Apple up 1.1 percent and the iShares Nasdaq Biotechnology ETF (IBB) rising nearly 1.2 percent.
The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, edged lower to near 13.7.
About eight stocks advanced for every seven decliners on the New York Stock Exchange, with an exchange volume of 992 million and a composite volume of 3.6 billion in the close.
High-frequency trading accounted for 49 percent of April's daily trading volume of about 6.99 billion shares, according to TABB Group. During the peak levels of high-frequency trading in 2009, about 61 percent of 9.8 billion of average daily shares traded were executed by high-frequency traders.
Gold futures for June delivery settled up $8.10 at $1,234.60 an ounce.