S&P 500 Movers for Friday (12/17)
U.S. stocks came under pressure again in Friday's volatile session amid worries about tighter monetary policy and the ongoing pandemic, leading to a losing week for the major averages.
The $Dow Jones Industrial Average(.DJI.US$ dropped 532.20 points, or 1.5%, to 35,365.44. The $S&P 500 Index(.SPX.US$ fell 1% for a second down day to 4,620.64. The tech-heavy $Nasdaq Composite Index(.IXIC.US$ ended the session less than 0.1% lower at 15,169.68 after briefly trading in the green. At its session low, the Nasdaq dropped about 1.5%.
The major averages posted a negative week with the Nasdaq being the biggest loser. The tech-heavy benchmark declined nearly 3%, while the Dow and the S&P 500 slipped 1.7% and 1.9%, respectively.
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