Stock market live Friday: Stocks fall but post weekly gain, Tesla heavy trading, Bitcoin's wild week

This is a markets live blog for CNBC PRO subscribers that will be updated throughout the day.

The major averages slipped from record levels amid volatile trading as lawmakers struggled to reach a consensus on the next coronavirus stimulus deal. For the week, however, the Dow, S&P 500 and Nasdaq Composite did post gains. Meanwhile, Tesla hit a new all-time high ahead of its addition to the S&P 500.