Wall Street pulled back from its record heights following a shaky day of trading, putting at least a temporary halt to its huge rally since Halloween.
The S&P 500 slipped 0.7 percent Friday from its all-time high. It initially climbed after mixed data on the U.S. job market bolstered hopes for easier interest rates. Later, it swung to a loss after one of its most influential stocks, Nvidia, took a rare stumble following its jaw-dropping rise.
It was just the third losing week for the S&P 500 in the last 19.
On Friday:
The S&P 500 fell 33.67 points, or 0.7 percent, to 5,123.69.
The Dow Jones Industrial Average fell 68.66 points, or 0.2 percent, to 38,722.69.
The Nasdaq composite fell 188.26 points, or 1.2 percent, to 16,085.11.
The Russell 2000 index of smaller companies fell 2.03 points, or 0.1 percent, to 2,082.71.
For the week:
The S&P 500 is down 13.39 points, or 0.3 percent.
The Dow is down 364.69 points, or 0.9 percent.
The Nasdaq is down 189.83 points, or 1.2 percent.
The Russell 2000 is up 6.32 points, or 0.3 percent.
For the year:
The S&P 500 is up 353.86 points, or 7.4 percent.
The Dow is up 1,033.15 points, or 2.7 percent.
The Nasdaq is up 1,073.76 points, or 7.2 percent.
The Russell 2000 is up 55.64 points, or 2.7 percent.
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