European Central Bank

Stocks slip as energy prices fall and 10-day tech rally ends

Stocks slip as energy prices fall and 10-day tech rally ends

U.S. stocks finished slightly lower Friday as energy companies fell with oil prices and a 10-day rally for technology companies came to an end. But Wall Street mostly avoided the sharp losses that hit European stocks.

The price of U.S. crude oil fell 2.5% and pulled energy stocks lower. Technology companies slipped, ending their longest winning streak in more than two years.

Investors bought government bonds in the United States and Europe, which sent prices higher and yields lower. With yields down, investors who want income bought shares in companies that pay big dividends, such as utilities and household goods makers.

European stocks took sharp losses after Reuters...

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