A pedestrian wearing a protective mask exits from the Wall Street subway station in New York, on Monday, July 20, 2020.
Michael Nagle | Bloomberg | Getty Images
Dow Jones Industrial Average drops 244 points
Tech ends downbeat week on sour note
Apple dropped 3.2% and Amazon pulled back by 1.8%. Microsoft ended the day down 1.2%. At the S&P 500 sector level, tech fell more than 1% on Friday. Those losses drove major benchmarks to their first three-week losing streaks since last year.
U.S.-China tensions simmer
What happens next?
Nike and Costco are among the companies set to report earnings next week. The latest look at existing U.S. home sales is also scheduled for next week.
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