U.S.MARKET UPDATE

The S&P 500 posted its best monthly gain since October 2011 on Friday, but U.S. stocks ended lower for the day as U.S. economic growth slowed more sharply than initially thought in the fourth quarter.

The Dow Jones industrial average fell 81.72 points, or 0.45 percent, to 18,132.7, the S&P 500 lost 6.24 points, or 0.3 percent, to 2,104.5 and the Nasdaq Composite dropped 24.36 points, or 0.49 percent, to 4,963.53.

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