Tech crisis cuts off part of Wall Street’s winning week | Company


NEW YORK (AP) — Stocks tumbled on Friday, giving back some of their gains from earlier in the week as worries grew about the global economy and the earnings outlook for big internet companies.

The S&P 500 fell 0.9% to snap a three-day rally that had taken Wall Street to its highest level in six weeks. The Nasdaq composite led the market lower with a 1.9% decline following worse-than-expected earnings reports from Snap, Seagate Technology and other tech-focused companies.

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