Weakness in materials stocks helped drive the market modestly lower, as both the Dow Jones Industrial Average and Standard & Poor's 500 took a step back from multi-year highs.

The Dow slid 14.05 points, or 0.1 per cent, to 13881.93, halting its six-session streak of gains. The Standard & Poor's 500-stock index declined 2.78 points, or 0.2 per cent, to 1500.18, snapping its own streak of eight straight moves higher. Both indexes ended Friday at their highest levels since 2007.