Stocks were mostly lower as positive earnings from industry leaders including GE (GE) and Visa couldn't fully distract from concerns over the upcoming French election. The first round of voting in France's closely watched presidential election will take place over the weekend. Existing home sales jumped in March at their best pace since 2007. Sales of previously-owned properties rose more than 4% last month, benefiting from strong demand in the housing market. General Electric swung to a first-quarter profit, thanks to growth in its oil and gas, health, transportation and power businesses, among others. Revenue dropped 1%, though came in higher than consensus. Honeywell (HON) rose after exceeding analysts' estimates in its recent quarter. The industrials conglomerate also increased the low-end bracket of its fiscal guidance by a nickel.
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