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S&P 500 Dow Jones Nasdaq: S&P 500, Dow Jones, Nasdaq fall ahead of long weekend. Nvidia share price, technology, U.S. regional banks’ stocks jump at Wall Street

The S&P 500 index fell on Friday after a day of vacillating between gains and losses. The Dow Jones Industrial Average fell and the Nasdaq composite also fell ahead of the long weekend. Stocks fell slightly on Wall Street as the first week of corporate earnings season closed with markets trading near record highs. According to preliminary data, the S&P 500 index lost 5.01 points (0.07 percent) to 6,939.46 points, and the Nasdaq Composite lost 15.60 points (0.07 percent) to 23,514.42 points. The Dow Jones Industrial Average fell 87.13 points, or 0.18 percent, to 49,355.31 points.

Gains by several major tech companies helped offset weakness elsewhere. A handful of regional U.S. banks posted earnings following mixed reports from their larger peers. Pittsburgh’s PNC jumped after beating Wall Street’s fourth-quarter targets, but Regions Financial fell after reporting results that missed estimates.

Technology stocks have been the strongest force behind market moves. The S&P 500’s losers slightly outnumber its gainers, but some big tech stocks posted strong gains and offset losses elsewhere.

Nvidia rose 0.4 percent, Broadcom rose 2.8 percent and Micron Technology rose 6.8 percent. All three are semiconductor companies that are among the few Big Tech companies with large valuations that often push the market up or down.

A handful of regional U.S. banks posted earnings following mixed reports from their larger peers. Pittsburgh’s PNC rose 3.9 percent after beating Wall Street’s fourth-quarter targets, but Regions Financial fell 3 percent after reporting results that missed estimates.


Outside the banking sector, shipping company JB Hunt Transport Services fell 1 percent after reporting mixed quarterly financial results.

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