Tumbling tech stocks drag Wall Street to the finish line of another losing week Boston 25 News [Video]

NEW YORK — (AP) — The worst week for big technology stocks since the COVID crash in 2020 dragged Wall Street on Friday across the finish line of another losing week.

The S&P 500 dropped 0.9% to close out its third straight losing week. That’s its longest such streak since September, before it broke into a romp that sent it to a string of records this year.

The Nasdaq composite sank 2%. The Dow Jones Industrial Average, which has less of an emphasis on tech, was an outlier and rose 211 points, or 0.6%.

The market’s worst performers included several stocks that had been its biggest stars. Super Micro Computer lost more than a fifth of its value, dropping 23.1%. The company, which sells server and storage systems used in AI and other computing, had soared nearly 227% for the year coming into the day.

Nvidia, another stock that has …