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Kiplinger
Kiplinger
Business
Karee Venema

Stock Market Today: Stocks Close Lower as Tech Shares Slump

Digital generated image of abstract multi colored curve chart on white background.

Stocks opened lower Friday and stayed there through the close as several Magnificent 7 stocks sold off. A triple-witching event in the options market likely added to the volatility, with all three main indexes ending the week with a thud.  

At the close, the tech-heavy Nasdaq Composite was down 1.0% at 15,973, while the broader S&P 500 was off 0.7% at 5,117 and the blue-chip Dow Jones Industrial Average was 0.5% lower at 38,714.

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