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A slide in technology companies weighed on U.S. stocks Friday, adding to the market’s losses from a day earlier.
Twitter led the technology sector sell-off, plunging 20.5 per cent. Smaller-company stocks fell more than the rest of the market. Despite the losses, the S&P 500 index ended the week with its fourth weekly gain in a row.
On Friday:
The S&P 500 index fell 18.62 points, or 0.7 per cent, to 2,818.82.
The Dow Jones Industrial Average slid 76.01 points, or 0.3 per cent, to 25,451.06.
The Nasdaq composite index lost 114.77 points, or 1.5 per cent, to 7,737.42.
The Russell 2000 index of smaller-company stocks gave up 32.02 points, or 1.9 per cent, to 1,663.34.
For the week:
The S&P 500 rose 16.99 points, or 0.6 per cent.
The Dow added 392.94 points, or 1.6 per cent.
The Nasdaq fell 82.78 points, or 1.1 per cent.
The Russell 2000 lost 33.47 points, or 2 per cent.
For the year:
The S&P 500 is up 145.21 points, or 5.4 per cent.
The Dow is up 731.84 points, or 3 per cent.
The Nasdaq is up 834.03 points, or 12.1 per cent.
The Russell 2000 is up 127.83 points, or 8.3 per cent.
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