NEW YORK >> U.S. stocks drifted through a quiet Friday as Wall Street closed an unusually calm week.

The S&P 500 slipped 0.1% to finish the week with a modest dip of 0.5%. It’s the first week in seven where the index at the heart of many 401(k) accounts moved by less than 1.5%, after careening on fears about President Donald Trump’s trade war and hopes that he’ll relent on some of his tariffs.

The Dow Jones Industrial Average dipped 119 points, or 0.3%, while the Nasdaq composite edged up by less than 0.1%. They finished the week with even more modest losses than the S&P 500.

The week’s main event for financial markets is likely coming today. That’s when high-level U.S. and Chinese officials will meet in Switzerland for their first talks since Trump launched an escalating trade war between the world’s two largest economies. The fear among investors and economists is that a recession could hit if the United States doesn’t reach trade deals that lower its tariffs by enough and quickly enough.

Sweetgreen wilted by 16.2% after the salad seller reported a slightly larger loss for the latest quarter than analysts expected. The fast-casual restaurant chain also gave a forecast for revenue over the full year that fell just short of analysts’ estimates.

They helped work against a 28.1% rally for Lyft, which delivered a stronger profit for the latest quarter than analysts expected. The company said it reached the highest weekly ridership levels in its history during the last week of March.

Taiwan Semiconductor Manufacturing, the chip giant known as TSMC, offered an encouraging report, saying its revenue in April leaped 48.1% from a year earlier. That sent its stock that trades in the United States up 0.7%.

Insulet jumped 20.9% for the biggest gain in the S&P 500 after the medical device company reported stronger results for the latest quarter than analysts expected. The company, which sells tubeless insulin pump technology, also raised its forecast for an underlying revenue trend for the full year.

All told, the S&P 500 slipped 4.03 points to 5,659.91. The Dow Jones Industrial Average fell 119.07 to 41,249.38, and the Nasdaq composite rose 0.78 to 17,928.92.

In stock markets abroad, indexes rose modestly in Europe after finishing mixed in Asia.

Stocks added 0.4% in Hong Kong but fell 0.3% in Shanghai after China reported that its exports rose at a faster-than-expected 8.1% annual pace in April. Exports to the United States dropped more than 20%, however, as Trump’s steep tariff increases took effect. China is the world’s biggest exporter.