The major U.S. stock averages suffered a losing week.
 | FRI, DEC 17, 2021 | | | | DOW | | NAME | LAST | CHG | %CHG | | AAPL | 171.14 | -1.12 | -0.65% | | CSCO | 60.46 | +0.15 | +0.25% | | VZ | 53.17 | +0.42 | +0.80% | |
| | S&P 500 | | NAME | LAST | CHG | %CHG | | AAPL | 171.14 | -1.12 | -0.65% | | BAC | 43.88 | -1.12 | -2.49% | | T | 23.78 | +0.07 | +0.30% | |
| | NASDAQ | | NAME | LAST | CHG | %CHG | | AAPL | 171.14 | -1.12 | -0.65% | | NVDA | 278.01 | -5.86 | -2.06% | | CSCO | 60.46 | +0.15 | +0.25% | |
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The major U.S. stock averages suffered a losing week as investors assessed the impact from tighter monetary policy and the ongoing pandemic. The Dow Jones Industrial Average dropped 532.20 points, or nearly 1.5%, during Friday's volatile session. The S&P 500 fell 1%, negative for a second day. The tech-heavy Nasdaq Composite ended the day down less than 0.1%. At its session low, the Nasdaq dropped about 1.5%. While the Nasdaq outperformed the three major indexes on Friday, it was still the biggest loser for the week. The tech-heavy benchmark declined nearly 3% this week, while the Dow slid about 1.7% and the S&P 500 fell 1.9%.  Volatility gripped Wall Street as Friday coincided with the expiration of stock options, index options, stock futures and index futures — a quarterly event known as "quadruple witching." "Trading will remain very choppy for the rest of the year as investors grapple with falling trading volumes over the coming sessions," said Edward Moya, senior market analyst at Oanda. |
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