Stocks sink, Dow closes over 470 points lower on Friday

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Jared Blikre,Trading Day

US equity markets (^DJI, ^IXIC, ^GSPC) sink lower to end Friday's session, closing the trading week lower for the second consecutive week. The Dow Jones...

Investors are watching for the giant banks to demonstrate how they benefit if interest rates remain higher than expected this year, closing the trading week lower for the second consecutive week. The Dow Jones Industrial Average fell by over 400 points, the second time this week.

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Stocks stumble as techs lose momentumStocks fell on Friday as tech stocks lost their winning streak, with investors looking to big bank results for inspiration. The tech-heavy Nasdaq Composite slid 0.9%, while the S&P 500 shed 0.7%. The Dow Jones Industrial Average fell 0.6%. Investors are hoping that corporate updates from BlackRock and other giant banks can revive the early-year rally in stocks.
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