Finance News

Right here's what occurred to the inventory market on Friday

A pedestrian wearing a protective mask leaves the Wall Street subway station in New York on Monday, July 20, 2020.

Michael Nagle | Bloomberg | Getty Images

Dow Jones Industrial Average falls 244 points

Tech ends downbeat week sour

Apple fell 3.2% and Amazon pulled back 1.8%. Microsoft ended the day down 1.2%. At the S&P 500 sector level, technology fell more than 1% on Friday. Those losses led to important benchmarks for the first three-week losses since last year.

Tensions between the US and China are easing

What happens next?

Nike and Costco are among the companies that will be showing profits next week. The latest look at existing U.S. home sales is also slated for next week.

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