Stock Market Today: Dow Jones Stumbles As Yields Rise; Nasdaq Slammed As Chip Stocks Plunge (Live Coverage)
The sea of red in the stock market continued into the final hour of trading Friday, as the major indexes were near session lows on the stock market today. The Nasdaq was hardest hit with a 2.5% drop, while the S&P 500 fell 1.5%. Both sank below their 21-day exponential moving averages.