Wall St stocks closed lower on Friday, breaking a 3-week S&P 500 winning streak due to a late-day selling spree in major tech stocks.

Wall St stocks closed lower on Friday, breaking a 3-week winning streak for the S&P 500, due to a late day selling spree. The Nasdaq also fell, but both the S&P 500 and Nasdaq remain near all-time highs. The Australian sharemarket is predicted to decline 0.5% at the open. The pullback in major tech stocks, including Apple, Microsoft, and Meta Platforms, contributed to the market's downturn.

June 30, 2024
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