Big Tech Gives the Nasdaq a Boost
A Big Tech rebound lifted the Nasdaq Composite on Friday.
The index was up slightly after trading down about 1% earlier in the session. The S&P 500 was down just 0.2%. The Dow was down 50 points, or 0.1%.
Breadth was still bad, with the Invesco S&P 500 Equal Weight ETF dropping 0.5%, but a rebound in Magnificent Seven stocks helped keep the indexes afloat.