Brands took a breather Friday. Merck, Hewlett-Packard and Walt Disney led decliners on the Dow. Stocks slipped amid a variety of economic news. Second-quarter GDP numbers failed to impress. The Commerce Department said gross domestic product grew 1.3%, which was well shy of the 1.6% consensus estimate. On another note, Chevron and Merck released earnings details. The energy titan said second-quarter earnings hit $7.7 billion, or $3.85 per share, up from $5.4 billion, or $2.70, a year ago. Meanwhile, the drug company reported earnings of $2.95 billion, or 95 cents a share, versus $2.71 billion, or 86 cents, a year earlier. Elsewhere, consumer confidence was down fractionally this month. The University of Michigan’s consumer sentiment index dipped to 63.7 in July. The reading nearly matched expectations that sentiment would remain unchanged from June’s reading of 63.8.