Indices landed in red territory on Friday. Stocks dipped as potential trade war concerns ramped up. Facebook traded lower for a fifth straight session. The social media giant fell 3.40% in the wake of its data breach scandal. In earnings moves, Nike tacked on 0.33% today following the release of quarterly sales and earnings that exceeded Wall Street forecasts. Revenue ticked up 7% to $9 billion versus expectations of $8.85 billion. On another note, durable goods orders jumped up in February. Orders for goods designed to last several years increased by 3.1% last month. The results exceeded estimates of a 1.7% gain.