The S&P 500 erased earlier gains and finished Friday near the flatline as the tech sector came under pressure again amid another drop in bitcoin price.
The Dow Jones Industrials came down from its daily highs, but still surged 123.69 points to close Friday at 34,207.84, thanks to a jump in Boeing shares.
The S&P 500 dropped 3.26 points to 4,155.86.
The NASDAQ tumbled 64.75 points to 13,470.99.
For the week, the S&P 500 fell 0.4% to register for its first back-to-back weekly losses since February. The blue-chip Dow dipped 0.5% on the week, while the NASDAQ eked out a 0.3% gain this week, breaking a four-week losing streak.
Shares of Nvidia jumped 2.6% after the chip giant announced a 4-for-1 stock split. The shares increased even though the split adds no actual value to the stock.
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