Major U.S. equities indexes fell to end a holiday-shortened week. Markets stepped back from record-high levels as𓃲 traders reacted to underwhelming economic data and earnings forecasts. 

The S&P 500 fell by 1.7% to notch a 澳洲幸运5官方开奖结果体彩网:second straight day of losses, coming after hitting a record high in the prior two sessions. The 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average also declined by 1.7%, while the Nasdaq fell by 2.2%. All three major market indexes declined for 💎the week after the two-day selloff. 

Stocks fell Friday as a series of economic data releases shook investor confidence in markets. 澳洲幸运5官方开奖结果体彩网:Existing home sales fell more than expected, while inflation concerns weighed on consuꦬmer sentime🌌nt.

Shares of 澳洲幸运5官方开奖结果体彩网:cloud s🌠ervices provider Akamai Technologies (AKAM) plunged the most of any S&P 500 constituent, falling by 21.7%. The company reported quarterly results that met or exceeded analyst expectations, but its 2025 revenue outlook 澳洲幸运5官方开奖结果体彩网:came up short. While the company l𝕴aid out an ambitious long-term revenue goal of 10% growth, it also expects a 10% decline in services revenue this year, raising questions about whether the tech firm can provide near-term growth.

Shipping giant Old Dominion Freight Line (ODFL) fell 8.5% on worries that Amazon's (AMZN) efforts to 🔯expand its freight 🅠shipping could undercut demand for its services. 

Nuclear energy providers also saw their stocks decline after federal government energy regulators said it would be 2026 before rules are ready that would allow power providers to put facilities on-site at data centers. Investors worried the delay in regulatory certainty could prevent some companies from signing deals now. GE Vernova (GEV) fell by 8.8%, while Constellation Energy (CEG) was down 8.1%, and Vistara (VST) shares declined by 7.8%. 

UnitedHealth Group (UNH) shares fell 7.2% on reports the Department of Justice are investigating whether the health insurer provider was 澳洲幸运5官方开奖结果体彩网:overdiagnosing conditions to secure additional payouts from the 澳洲幸运5官方开奖结果体彩网:Medicare Advantage program. UnitedHealth led losses in the Dow. 

Shares of Covid-vaccine maker Moderna (MRNA) jumped by 5.3% to be the best performer in the S&P 500 after a new coronavirus was reportedly discovered in bats in China. The rebound comes after declines in the prior session when the drugmaker reported 澳洲幸运5官方开奖结果体彩网:wider-than-expected losses on weak vaccine demand.

Tylenol maker Kenvue (KVUE) shares moved up by 4.2% amid reports that the consumer health care company may be a 澳洲幸运5官方开奖结果体彩网:target for a takeover. 

Stock of food makers and other consumer staples moved higher as traders looked for safe plays amid the broad market selloff.  Shares of Hershey (HSY) were higher by 4.1%, while Banquet frozen dinner maker Conagra Brands (CAG), Nabisco parent Mondelez International (MDLZ), soup seller Campbell’s (CPB) and cereal maker General Mills (GIS) were similarly higher. Jack Daniels whiskey brewer Brown-Forman (BF.B) also rose by 3.5%.