After a six-day winning streak, stocks on Wall Street opened lower Friday.
Technology companies, which have led the market’s recent rally, began the day slightly down. After a weak outlook from video game retailer GameStop, Activision Blizzard fell 1.3% and Electronic Arts lost 1.3%.
Costco rose 1.6% after reporting a strong quarter.
Banks slipped as bond yields moved lower.
The Standard & Poor’s 500 index slipped 2 points, or 0.1%, to 2,412, a day after setting its latest record high.
The Dow Jones industrial average fell 19 points, or 0.1%, to 21,062. The Nasdaq composite fell 3 points, or 0.1%, to 6,202.
Article by Associated Press