US stocks drop on Friday, with Dow Jones index falling over 500 points. S&P 500 and NASDAQ also down. Energy shares rise, communication services dip.
U.S. stocks traded lower this morning, with the Dow Jones index falling more than 500 points on Friday.
Following the market opening Friday, the Dow traded down 0.98% to 52,037.01 while the NASDAQ dipped 1.77% to 25,422.98 The S&P 500 also fell, dropping, 1.15% to 7,447.23.
Leading and Lagging Sectors
Energy shares jumped by 1.6% on Friday.
In trading on Friday, communication services stocks fell by 2.9%.
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