Stock Market Update: Tech Stocks Fall as Big Banks Kick Off Earnings Season
The stock market faced a slowdown on Friday as the technology sector saw a drop in performance as investors awaited the outcome of big banks’ earnings, marking the start of earnings season. Tech stocks lose ground: The tech-heavy Nasdaq Composite (^IXIC) saw a 0.9% drop, while the S&P 500 (^GSPC) saw a 0.7% drop. Similarly,…