NEW YORK — Wall Street is relatively quiet even as businesses around the world scramble to contain the effects of a disruptive technology outage. The S&P 500 slipped 0.1% early Friday, a day after a wipeout dragged much of the market lower. The Dow Jones Industrial Average was down 0.5%, and the Nasdaq composite was off 0.1%. The relatively calm trading came as a major outage disrupted flights, banks and even doctors’ appointments around the world.
’s earlier story follows below. Wall Street was mixed in premarket Friday after a widespread technology outage disrupted travel and other services, but not trading. Futures for the S&P 500 were up early but retreated and were flat before the bell. Futures for the Dow Jones Industrial Average fell 0.3% and Nasdaq futures inched up less than 0.1% after two straight days of significant losses as tech stocks tumbled.
's U.S.-traded shares rose 0.4% on Thursday after the industry giant reported stronger profit for the latest quarter than analysts expected. It bounced back from its loss of 8% the prior day, but only after swerving between gains and losses. The rout in the tech sector this week has dragged markets in the U.S. and Asia lower after a long spell of strong gains. On Thursday, the S&P 500 dropped 0.8% and the Dow dropped 1.3%. The Nasdaq sank 0.7%.
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