The S&P 500 Index ($SPX) (SPY) Friday closed down -1.71%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -1.69%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -2.06%. March E-mini S&P futures (ESH25) are down -1.70%, and March E-mini Nasdaq futures (NQH25) are down -2.07%.
Stock indexes sold off sharply Friday, with the S&P 500 and Nasdaq 100 sliding to 1-week lows and the Dow Jones Industrials falling to a 1-month low. Stocks opened lower on negative corporate news as Akamai Technologies fell more than -21% after forecasting full-year revenue below consensus. Also, UnitedHealth Group closed down more than -7% after the Wall Street Journal reported that the US Department of Justice has launched an investigation into the company’s Medicare billing practices.
