Technology stocks led Wall Street lower, leaving major indexes in the red for the week.
The benchmark S&P 500 index gave back 1.3 percent Friday, breaking a four-week winning streak. The tech-heavy Nasdaq composite fell even more. The Dow Jones Industrial Average also fell.
Meme stock Bed Bath & Beyond plunged after the high-profile activist investor Ryan Cohen confirmed that he’s sold his stake in the struggling retailer.
On Friday (Aug. 19): The S&P 500 fell 55.26 points, or 1.3 percent, to 4,228.48.
The Dow Jones Industrial Average fell 292.30 points, or 0.9 percent, to 33,706.74.
The Nasdaq fell 260.13 points, or 2 percent, to 12,705.22.
The Russell 2000 index of smaller companies fell 43.38 points, or 2.2 percent, to 1,957.35. For the week:…