The S&P 500 ended a three‑day rally on Friday, slipping after a sharp sell‑off in Alphabet Inc. shares that followed the company’s earnings announcement.
Alphabet, the parent company of Google, saw its stock tumble in the wake of its quarterly results, prompting a broader pullback across the index.
The decline marked a reversal for the benchmark index, which had been on a steady upward trajectory for the past week.
Investors will be watching the market closely in the coming sessions to see whether the dip is a temporary reaction to Alphabet’s performance or a sign of wider sentiment shifts.
<small>Source: CNBC — read the original story there.</small>