# Tech losses drive Wall Street down again, ending grim week | AP News

> The S&P 500 dropped 1.2% on the final day of the week and lost 5.6% for the week, its worst weekly performance in seven months. Heavy selling in large technology stocks, including Apple and Amazon, drove much of the decline.

- Date: 2020-10-30 · published 2020-10-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8191-tech-losses-drive-wall-street-down-again-ending-grim-week-ap-news
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Broad equity weakness reflects risk-off sentiment that can spill into commodity markets through the dollar and energy prices. This is routine market commentary with no direct feed impact.

## Sources

- apnews.com: https://apnews.com/article/stocks-slump-wall-street-coronavirus-34922afe38ee570cab2c72375050d864

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.