Stocks are closing lower on Wall Street Friday, as another zig-zag week for markets ends with a third-straight weekly loss for the S&P 500.
Technology companies, including Apple, Amazon and Alphabet, weighed particularly heavy on the market decline.
Stocks have swirled this week despite the Federal Reserve saying it expects to keep short-term interest rates at record lows.
On Friday:
The S&P 500 fell 37.54 points, or 1.1%, to 3,319.47.
The Dow Jones Industrial Average dropped 244.56 points, or 0.9%, to 27,657.42.
The Nasdaq composite lost 116.99 points, or 1.1%, to 10,793.28.
The Russell 2000 index of smaller company stocks gave up 5.82 points, or 0.4%, to 1,536.78.
For the week:
The S&P 500 fell 21.50 points, or 0.6%.
The Dow slipped 8.22 points, or less than 0.1%.
The Nasdaq gave up 60.26 points, or 0.6%.
The Russell 2000 rose 39.51 points, or 2.6%.
For the year:
The S&P 500 is up 88.69 points, or 2.8%.
The Dow is down 881.02 points, or 3.1%.
The Nasdaq is up 1,820.68 points, or 20.3%.
The Russell 2000 is down 131.69 points, or 7.9%.
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