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Nasdaq shows the worst weekly loss since March as technology countries expand



The shares ended mixed on Friday when the three major indices struggled to find their footing after a week of volatility. Nasdaq had its worst weekly loss since March. The S&P 500 and Dow leveled gains during the session, but they still recorded losses during the week.

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Emily McCormick for Yahoo Finance:

Nasdaq fell 0.6% on Friday as the index was pushed by an ongoing route in some of its most weighted major technology stocks. Apple and Amazon shares each fell more than 1%.

The losses brought Nasdaq’s weekly decline to 4% – the worst since March. The S&P 500 fell more than 2% on the week, and the Dow fell more than 1.5%.

Here are the three major indices settled at the end of regular trading on Friday:

• S&P 500: +1.78 points (+ 0.05%) to 3,340.97
• Dow: +131.06 points (+ 0.48%) to 27,665.64
• Nasdaq: -66.05 points (-0.6%) to 10,853.54

MacDailyNews Take: Until there is some clarity after the US election, please fasten your seat belts as there is a lot of turbulence waiting.


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