The U.S. equities market experienced significant declines on Friday, particularly among technology stocks. By midday, all major indexes were set to end the week with notable losses.
Market Performance Overview
- Dow Jones Industrial Average: Down 539 points (1.2%), trading at 45,820.
- S&P 500: Decreased by 101 points (1.5%), around 6,634.
- Nasdaq Composite: Fell 447 points (1.9%), settling around 22,578.
Weekly Loss Predictions
The projections for weekly performance reveal the following anticipated declines:
- Dow Jones: Expected fall of 2%.
- S&P 500: On track for a 1.2% drop.
- Nasdaq: Predicted decline of 0.9%.
These statistics highlight a challenging week for U.S. stocks, driven primarily by struggles in the tech sector. As investors monitor these trends, potential implications for future market movements remain a key focus.
