Finance

Stocks waver as Wall Street goes for its first weekly gain of the month

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Stocks were little changed on Friday as Wall Street tried to recover from another sharp sell-off in major technology names. The market was also on pace for its first weekly gain of the month. 

The Dow Jones Industrial Average fell 31 points, or 0.1%. The S&P 500 was flat and the Nasdaq Composite climbed by 0.3%.

Friday’s moves come as a series of individual stock, ETF and index options are set to expire. This could lead to volatile trading as small and large investors alike unwind these positions ahead of the expirations. 

Shares of Facebook rose 1.4%. Amazon, Netflix and Alphabet were all higher as well. Oracle, meanwhile, slipped 0.3% after the U.S. government said it will block all…

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Source cnbc.com

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