The stock market remains on track for a lower opening this morning as tech (and particularly semiconductor names) face pressure this morning.
The major averages enter the final session of the week mostly lower, with the Nasdaq Composite (-4.4% week-to-date) and S&P 500 (-1.9% week-to-date) retreating amid the weakness in tech, while support from the broader market keeps the DJIA (+0.7% week-to-date) and S&P 500 Equal Weighted Index (+1.1% week-to-date) advancing.