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Tech Heavyweights Pull U.S. Stocks Down – The Wall Street Journal

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Tech Heavyweights Pull U.S. Stocks Down – The Wall Street Journal

Shares of technology heavyweights dragged the S&P 500 lower Friday and toward a weekly loss, snapping a three-week winning streak. The week has been marked by big swings among shares of individual companies and a rotation between some of the market’s recent winners and losers. The information technology sector—one of the market’s biggest winners this…

Tech Heavyweights Pull U.S. Stocks Down – The Wall Street Journal

Shares of technology heavyweights dragged the S&P 500 lower Friday and toward a weekly loss, snapping a three-week winning streak.

The week has been marked by big swings among shares of individual companies and a rotation between some of the market’s recent winners and losers. The information technology sector—one of the market’s biggest winners this year—was the biggest laggard of the S&P 500’s 11 sectors for the week.

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