Stocks Mixed as Manufacturing Slows, Fed Says Rates Appropriate
- Stocks were mixed at the open on Friday; Nasdaq up while S&P 500 and Dow declined
- New York Fed survey showed worsening manufacturing conditions in the region
- NY Fed President said interest rates are appropriate for inflation/growth
- US indices moved higher early Friday on economic resilience signs
- Asia-Pacific markets ended mixed; Hong Kong higher while Chinese indices declined