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,

Stocks shook off a choppy start to finish higher Monday, as Wall Street kicked off a holiday-shortened week. The S&P 500 ended 0.7% higher after having been down 0.5% in the early going. The Dow Jones Industrial Average also recovered from an early slide to eke out a 0.2% gain. The tech-heavy Nasdaq composite rose 1%.

Stocks fell broadly on Friday as Wall Street closed out a holiday-shortened week on a down note. The losses were made worse by sharp declines for the Big Tech stocks known as the “Magnificent 7”, which can heavily influence the direction of the market because of their large size.

Stocks fell in morning trading Friday as Wall Street closes out a holiday-shortened week. The S&P 500 fell 1%. The benchmark index is still on track for a 0.8% gain for the week. The Dow Jones Industrial Average fell 191 points,

Technology stocks were the biggest weight on the market Friday. Semiconductor giant Nvidia slumped 2.7%. Its enormous valuation gives it an outsize influence on indexes. Other Big

Wall Street closed mixed in thin post-holiday trading, with tech and communications stocks offsetting gains in other sectors. The S&P 500 dipped slightly, while the Dow edged up and Nasdaq declined.