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Tech stocks bring the Nasdaq-100 higher; S&P 500 and Dow Jones snap six consecutive weeks of wins

Tech stocks bring the Nasdaq-100 higher; S&P 500 and Dow Jones snap six consecutive weeks of wins
Tech stocks bring the Nasdaq-100 higher; S&P 500 and Dow Jones snap six consecutive weeks of wins
Overnight moves:
S&P: 5,808.12 (-0.03%
)DJIA: 42,114.40 (-0.61%)
Nasdaq-100: 20,352.02 (+0.59%)
On Friday, U.S. markets saw a mixed finish as megacap tech stocks advanced despite treasury yields ticking higher. The rise in tech stocks brought the Nasdaq-100 to close higher for a seventh consecutive week. Meanwhile, the S&P 500 closed near the flatline as utilities and bank stocks weighed on the index. The Dow Jones fell over 250 points as shares of Goldman Sachs fell over 2%. For the week, the S&P 500 and Dow Jones closed lower, snapping six consecutive weeks of gains.
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Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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