Among Apple, Nvidia, Microsoft, Alphabet, Amazon, Meta Platforms, and Tesla, there's a dominant company waiting to captivate investors with a historic stock-split announcement.

Despite Friday’s drop, the market is moving closer to another standout annual finish. The S&P 500 is on track for a gain of around 25% in 2024. That would mark a second consecutive yearly gain of more than 20%, the first time that has happened since 1997-1998.

Stocks closed lower as Wall Street ended a holiday-shortened week on a down note. The S&P 500 fell 1.1% Friday and the the Dow Jones industrial average lost0.8%.

The S&P 500 lost 1.1% and the Nasdaq Composite was down by 1.5%, after a selloff in Big Tech stocks. The “Magnificent Seven” group of high-performing tech stocks — Alphabet, Amazon, Apple, Meta, Microsoft,

Stocks fell in morning trading Friday as Wall Street closes out a holiday-shortened week. The S&P 500 fell 1%. The benchmark index is still on track for a 0.8% gain for the week. The Dow Jones Industrial Average fell 191 points,

Technology stocks were the biggest weight on the market Friday. Semiconductor giant Nvidia slumped 2.7%. Its enormous valuation gives it an outsize influence on indexes. Other Big