Dow finishes around 475 points lower as Nasdaq rebounds from worst fall since October



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Stocks ended mostly lower on Friday, dipping to session lows in the final minutes of trading. Tech-related stocks rebounded from a rout sparked by sharply rising Treasury yields, but still suffered weekly losses. The Dow Jones Industrial Average DJIA,
-1.50%
ended in a loss of about 475 points, or 1.5%, to nearly 30,928, according to preliminary figures. The blue chip gauge ended the week down 1.8%, its decline cushioned by a turnover in stocks of companies more sensitive to the economic cycle. The S&P 500 SPX,
-0.48%
gave up on a modest gain before the closing bell, ending with a loss of around 18 points, or 0.5%, near 3811 and leaving it with a weekly decline of 2.5%. The high-tech Nasdaq Composite held on to a gain of around 73 points, or 0.6%, to close near 13,332 on Friday, after suffering its largest single-day percentage drop since October during the previous session. The Nasdaq suffered a weekly decline of 4.9%.

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