Stocks ended lower Friday, logging weekly losses in a tech-led decline. The Dow Jones Industrial Average undefined fell around 182 points, or 0.7%, to close...
Stocks ended lower Friday, logging weekly losses in a tech-led decline. The Dow Jones Industrial Average DJIA, -0.68% fell around 182 points, or 0.7%, to close near 26,470, according to preliminary figures, while the S&P 500 SPX, -0.61% lost around 20 points, or 0.6%, to end near 3,216. The Nasdaq Composite COMP, -0.93% finished with a loss of around 98 points, or 0.9%, near 10,363. Stocks were under pressure as tensions between the U.S. and China remained elevated.
shares fell 3.9% this week. Shares of Dow component Intel Corp. were the big loser Friday, dropping more than 15% after revealing that its next generation of chips would be delayed and that it may seek a third-party manufacturer to make them. For the week, the Dow fell 0.8%, while the S&P 500 lost 0.3%. The Nasdaq saw a weekly fall of 1.3%.
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