U.S. stocks end lower, trimming weekly gains; tech stocks sink as Snap weighs


Stocks finished lower on Friday, snapping a three-day rally following disappointing economic data and a weak earnings report from Snap Inc. — while reports from tech behemoths including Apple Inc. [a: aapl] and Microsoft Inc. MSFT, -1.69% are expected next week. The S&P 500 SPX, -0.93% fell 37.32 points, or 0.9%, to close at 3,961.63 after briefly trading above the 4,000 shortly after the open. The Nasdaq Composite COMP, -1.87% slipped 225.50 points, or 1.9%, to 11,834.11, while the Dow Jones Industrial Average DJIA, -0.43% closed 137.61 points, or 0.4%, lower at 31,899.29. Despite Friday’s pullback, the S&P 500 and Dow Jones Industrial Average managed to record their biggest weekly gain in a month, while the Nasdaq notched its largest advance since July 8. All three U.S. benchmarks have now risen during two of the last three weeks.

This article was originally published by Marketwatch.com. Read the original article here.

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