Tech stocks skid, banks up
NEW YORK - Technology and energy companies skidded Friday while banks and insurers recovered some of their recent losses, leaving major U.S. indexes little changed on the day and slightly lower for the week.
NEW YORK - Technology and energy companies skidded Friday while banks and insurers recovered some of their recent losses, leaving major U.S. indexes little changed on the day and slightly lower for the week.
Credit monitoring company Equifax plunged after it disclosed a data breach that affects 143 million Americans. Competitors TransUnion and Experian also fell, while data security companies like Symantec jumped as investors expected they will get more business.
The Standard & Poor's 500 index lost 3.67 points, or 0.1 percent, to 2,461.43. The Dow Jones industrial average gained 13.01 points, or 0.1 percent, to 21,797.79. The Nasdaq composite dropped 37.68 points, or 0.6 percent, to 6,360.19. The Russell 2000 index of smaller-company stocks rose 0.76 points, or 0.1 percent, to 1,399.43. More stocks fell than rose on the New York Stock Exchange.
Gold rose 90 cents to $1,351.20 an ounce. Silver added 1 cent to $18.12 an ounce. Copper retreated 10 cents, or 3.2 percent, to $3.04 a pound.
The dollar fell to 107.79 yen from 108.65 yen on Thursday. The euro strengthened to $1.2028 from $1.2003.