Major stock indexes on Wall Street drifted to a mixed finish Friday, capping a rare bumpy week for the market.
- The Dow fell 86.06 points, or 0.2%, to 43,828.06, leaving it down 1.8% for the week.
- The S&P 500 fell 0.16 points, or less than 0.1%, to 6,051.09, finishing the week down 0.6%.
- The Nasdaq rose 23.88 points, or 0.1%, to 19,926.72, up 0.3% for the week.
There were more than twice as many decliners than gainers on the New York Stock Exchange, the AP reports. Gains in technology stocks helped temper losses in communication services, financials, and other sectors of the market. Broadcom surged 24.4% for the biggest gain in the S&P 500 after the semiconductor company beat Wall Street's profit targets and gave a glowing forecast, highlighting its artificial intelligence products. The company also raised its dividend. The company's big gain helped cushion the market's broader fall. Pricey stock values for technology companies like Broadcom give the sector more weight in pushing the market higher or lower.
Artificial intelligence technology has been a focal point for the technology sector and the overall stock market over the last year. Tech companies, and Wall Street, expect demand for AI to continue driving growth for semiconductor and other technology companies. Some tech stocks were a drag on the market. Nvidia fell 2.2%, Meta Platforms dropped 1.7%, and Google parent Alphabet slid 1.1%. Among the market's decliners were Airbnb, which fell 4.7% for the biggest loss in the S&P 500, and Charles Schwab, which closed 4% lower. Furniture and housewares company RH, formerly known as Restoration Hardware, surged 17% after raising its forecast for revenue growth for the year. Wall Street's rally stalled this week amid mixed economic reports and ahead of the Federal Reserve's last meeting of the year. The central bank will meet next week and is widely expected to cut interest rates for a third time since September. (More Wall Street stories.)
,
uBlock 
,
and
Ghostery 
)
