S&P, Nasdaq rise after two days of losses; Dow slips

The S&P 500 and the Nasdaq rose in morning trade on Friday, lifted by gains in consumer staples and utility stocks, while the Dow was weighed down by declines in bank shares. Industrial and banks stocks have been the biggest gainers of a post-election rally as investors expect these sectors to benefit the most from President-elect Donald Trump's policies. Since Nov. 8, the S&P 500 utilities index and the consumer staples index have been the worst performers, falling over 4.5 percent.