Stock market live Friday: Bitcoin hits $1 trillion market cap, Dow ends the day flat, S&P 500 down

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

Stocks closed on a mixed note, as the Dow Jones Industrial Average and the S&P 500 were near flat Friday afternoon. Bitcoin reached a new milestone, crossing the $1 trillion mark for market capitalization. Treasury Secretary Janet Yellen said a large Covid relief package is needed for a full recovery in the U.S. For more real time news and analysis, read below.