The S&P 500 Index ($SPX) (SPY) Friday closed down -0.71%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.93%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.93%.
Stock indexes Friday finished moderately lower, with the S&P 500 falling to a 2-1/2 week low and the Nasdaq 100 dropping to a 3-1/2 week low. The broader market was under pressure Friday due to disruptions caused to worldwide businesses by a global IT outage. Computer systems at companies and public service organizations worldwide were knocked offline Friday after a botched update of a widely used cybersecurity program at CrowdStrike Holdings took down Microsoft’s Windows operating systems.
