U.S. equities close lower as the tech selloff continues
FROM THE WIRE · SEEKINGALPHA.COM
[Wall Street sign in Lower Manhattan, NYC] georgeclerk Wall Street’s major market averages finished deep in the red on Friday as technology stocks came under further pressure. The blue-chip Dow (DJI [https://seekingalpha.com/symbol/DJI]) closed -0.3%, the benchmark S&P 500…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishWeakness in tech and memory chip stocks weighs on the broader U.S. equity market.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The Dow closed down 0.3%, the S&P 500 fell 1.1% and the Nasdaq Composite ended down 2.1%.
- 02Six of the 11 sectors finished higher, led by energy.
- 03Info tech was the weakest sector, with memory chip stocks among the hardest hit.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Dow Jones Industrial Average52,002.41Market closedtoday -0.34%Negative S&P 5007,661.22Market closedtoday -1.07%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets