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Rich Asplund

Stocks Settle Mixed as Tech Stock Rally Loses Steam

United States Williams ECB New York Fed US Federal Reserve

The S&P 500 Index ($SPX) (SPY) Friday closed up +0.03%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.16%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.37%.

Stock indexes on Friday settled mixed. The S&P 500, Dow Jones Industrials, and Nasdaq 100 all posted new all-time highs on Friday. However, profit-taking emerged in technology stocks after this week's sharp rally that dragged the Nasdaq 100 into negative territory.

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