Wall Street awash with red ink but Dow Jones manages modest gain

NEW YORK, New York - Stocks were largely sold off around the globe on Friday. The Dow Jones Industrial Index was one of the few to hold off sellers.

"Investors continue to try to hang their hat on more consistency within economic data," Greg Bassuk, CEO of AXS Investments told CNBC Friday. "What we're seeing with these mixed results certainly increases the likelihood of more volatility ahead."

The Standar