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$QQQ All 11 of the S&P 500’s sectors posted gains while Big Tech stocks with outsized exposure in the U.S. equities benchmark rallied.
Investors found some relief on Friday from the head-spinning developments around tariffs that sent stocks lower earlier in the week.
The U.S. economic calendar was light on Friday, with a report from the University of Michigan showing its gauge of consumer sentiment fell this month more than forecast.
For the week, the Dow fell 3.1%, the S&P 500 shed 2.3% and the technology-heavy Nasdaq dropped 2.4%. The Dow booked its biggest weekly loss since March 2023, while the S&P 500 and Nasdaq each dropped a fourth straight week for their longest losing streaks since August, according to Dow Jones Market Data.