By Chibuike Oguh
NEW YORK, June 26 (Reuters) - Global equity markets edged lower on Friday, set for a weekly decline as investors kept taking profits on high-flying technology and chip stocks, while crude oil prices slumped as more tankers left the Strait of Hormuz.
On Wall Street, all three indexes finished slightly lower in choppy trading as losses in industrials, technology and energy offset gains in healthcare and real estate stocks.
The S&P 500 and the Nasdaq notched weekly losses while the Dow was headed for a weekly gain.
Chip stocks lost 5.3%, set for a weekly loss of 7.7%, the largest weekly decline since March 2025.
NEW YORK, June 26 (Reuters) - Global equity markets edged lower on Friday, set for a weekly decline as investors kept taking profits on high-flying technology and chip stocks, while crude oil prices slumped as more tankers left the Strait of Hormuz.
On Wall Street, all three indexes finished slightly lower in choppy trading as losses in industrials, technology and energy offset gains in healthcare and real estate stocks.
The S&P 500 and the Nasdaq notched weekly losses while the Dow was headed for a weekly gain.
Chip stocks lost 5.3%, set for a weekly loss of 7.7%, the largest weekly decline since March 2025.
4 months ago