Stocks end slightly lower as tech shares fall, but hold weekly gains

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Stocks end week on a high note, even after chip maker losses

Stocks mostly closed lower on Friday, leaving weekly gains still intact, after shares of computer chip makers came under pressure due to US-China trade tensions. The S&P 500 SPX, -0.16% fell 0.2% to end around 2,887. The Dow Jones Industrial Average DJIA, -0.07% shed 17 points, or less than 0.1%, to finish near 26,090. The Nasdaq Composite COMP, -0.52% slipped 0.5% to end around 7,797. For the week, S&P was up 0.5%, the Dow was up 0.4% and the Nasdaq was up 0.7%. Broadcom Inc. AVGO, -5.

See Full Story Stocks end slightly lower as tech shares slide; Chewy soars on debut All major stock indexes close lower Friday after the Dow failed to defend a late comeback as tech shares came under pressure following lower guidance by chip giant Broadcom Inc. which cited the effects of the U.S.-China trade fight.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street drops as Broadcom warning pushes chip stocks lowerU.S. stocks dropped on Friday, as shares of chipmakers sank on a warning from se...
Source: Reuters - 🏆 2. / 97 Read more »

Stocks making the biggest moves after hours: Chip stocks fall, Fiverr climbsStocks making the biggest moves after hours: Broadcom falls, Fiverr climbs
Source: CNBC - 🏆 12. / 72 Read more »