Wall Street ended the week on a down note after a sell-off on Friday. Despite a strong holiday-shortened week, major stock indexes finished in the red. This dip follows a series of gains earlier in the week.
Investors may have been taking profits after a successful week of trading. The sell-off could also be attributed to concerns about rising inflation and interest rates.
The Dow Jones Industrial Average closed down 234.33 points, while the S&P 500 and Nasdaq also finished lower. The dip comes after a positive start to the week, with all three indexes hitting record highs.
Overall, it was a mixed week for Wall Street, with some ups and downs. Despite the sell-off at the end of the week, the markets have shown resilience and continue to show strength. Investors will be watching closely to see how the markets perform in the coming weeks.