After opening on a strong note, U.S. stocks pared gains and slipped deeper into the red to eventually close on a very weak note on Friday, with technology stocks suffering sharp losses.
The major averages all ended notably lower. The Dow, which climbed to 33,515.61 in early trades, ended with a loss of 229.88 points or 0.69 percent at 32,944.19. The S&P 500 settled lower by 55.21 points or 1.3 percent at 4,204.31, well off the day's high of 4,291.01, and the Nasdaq ended down by 286.15 points or 2.18 percent at 12,843.81.
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