U.S. Stocks Give Back Ground In Late-Day Trading But Close Mostly Higher

After turning in a strong performance throughout much of the session on Friday, stocks gave back some ground in the latter part of the trading day but still closed mostly higher.While the major averages pulled back well off their best levels of the day, the Dow still ended the session at a new record closing high.The Dow advanced 294.04 points or 0.6 percent to 50,589.70, the S&P 500 climbed 27.75…