US equity markets closed in negative territory on Friday, with selling pressure in the technology sector continuing to weigh on major indices.
The Dow Jones Industrial Average and Nasdaq Composite both finished the session lower, marking another day of weakness for US stocks.
2% on Thursday. Technology stocks have been the primary driver of the broad-based pullback, as investors rotate out of high-growth names amid broader market caution.
The retreat follows a pattern of recent volatility, with the Nasdaq Composite falling 0.43% on Wednesday and the Dow Jones declining 0.2% on Thursday.
Technology stocks have been the primary driver of the broad-based pullback, as investors rotate out of high-growth names amid broader market caution.
This ongoing repricing reflects persistent uncertainty ahead of key macroeconomic data releases and central bank decisions.
The Federal Reserve is scheduled to announce its latest interest rate decision on July 29, a catalyst that is likely to keep market participants on edge in the coming days.