Stock Market News Today: Dow, Nasdaq Close Lower; Arm, Disney Stocks in Focus

Brent crude futures post highest settle since Nov. 11 as oil risesA slump in technology companies weighed on the broader market Friday, chipping away at major indexes’ gains and pushing them into negative territory for the week.

The S&P 500 fell 1.2%, while the Nasdaq Composite shed 1.6%. The Dow Jones Industrial Average lost 289 points, or 0.8%. The S&P 500 and Nasdaq posted slim declines for the week, while the Dow eked out a small gain. Stocks opened lower and the losses accelerated midday, with major indexes ending the day near session lows. Tech stocks,

r, were some of the worst performers. The S&P 500’s information technology sector lost almost 2% dragging the broad stock-market gauge into the red for the week.The Nasdaq Composite led indexes lower with a 1.6% decline. The S&P 500 was down 1.2% and the Dow industrials fell 0.8%, or nearly 300 points., with all 11 of the S&P 500's sectors finishing in the red—a day after they all advanced. That hasn't happened since December.

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