Business
Selloff Wipes Out S&P 500’s Weekly Gains. The Nasdaq Took a Beating, Too.
Stocks fell broadly on Friday, as traders pared their bets on artificial intelligence in an increasingly uncertain market for tech.
The S&P 500 and the Nasdaq Composite each ended the week lower, after posting two weeks of gains.
The Dow Jones Industrial Average fell 0.5%, or 246 points, on Friday, while the S&P fell 1.1% and the Nasdaq dropped 1.7%.
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