Wall Street opens mostly higher

U.S. stock indices opened mixed on Friday after six sessions of gains, hovering near record highs as consumer stocks lead the charge higher, while tech stocks curb the gains after earlier data from the world's largest economy. 

Earlier U.S. data showed the GDP growing 1.2% in the first quarter according to the second reading, up from 0.7% in the first reading, and past expectations of 0.9%, while GDP prices rose 2.2%, down from 2.3% in the previous reading. 

Durable goods orders fell 0.7% in April, compared to a 0.9% rise in March, and besting forecasts of a 1.4% drop. 

Core orders fell 0.4%, compared to no-change in March, while analysts expected a 0.4% rise, reflecting the possibility of continued slowdown in US growth in the second quarter, which could weigh on the Federal Reserve's policy decisions in June. 

The US market will shut on Monday for Memorial day, while markets await FBI Chief James Comey's public testimony ahead of the Intelligence Committee in the Senate about the conditions that led to his firing earlier this month. 

The Senate will also look into allegation of Russian intervention in the US presidential elections, which led to Donald Trump's surprise win, after reports said Trump asked Comey in February to drop the investigation into former national security adviser Micheal Flyn's connections with Russia. 

As of 03:43 GMT, Standard and Poor's 500 rose 0.04%, or 1.05 points to 2,416.12, while Dow Jones shed 0.01%, or 1.11 points to 21,081.84.

Tech-heavy NASDAQ rose 0.07%, or 4.31 points to 6,209.80.