Technology stocks are dragging down the market Friday as Wall Street closes out a holiday-shortened week. The S&P 500 fell 1.3%, with more than 90% of stocks in the benchmark index losing ground. The benchmark index was managing to hold onto a modest gain for the week.

The S&P 500 lost 1.1% and the Nasdaq Composite was down by 1.5%, after a selloff in Big Tech stocks. The “Magnificent Seven” group of high-performing tech stocks — Alphabet, Amazon, Apple, Meta, Microsoft,

US tech stocks slid lower on Friday as investors pivoted away from companies that had led markets higher for much of this year. The S&P 500, Wall Street’s main equity benchmark, dropped 1.6 per cent in Friday afternoon trading,

Stocks edged lower on Wall Street Thursday morning after U.S. markets reopened for trading after the Christmas holiday. The S&P 500 slipped 0.1%. The benchmark index is coming off a three-day winning streak.

Asian Shares Are Mostly Higher in Thin Post-Christmas Holiday Trading BANGKOK (AP) — Asian shares were mostly higher Thursday in thin post-Christmas holiday trading, while oil prices rose. Japan's Nikkei 225 index surged 0.