
The stock market falls lower after dancing along the unchanged line.
Weakness in large-cap tech names has the Nasdaq underperforming the
S&P 500 and the Dow. Of the more than 3,200 stocks trading on the
New York Stock Exchange, 831 stocks have hit new 52-week lows this
session. The number of record lows shouldn't come as a total surprise
since many stocks, like Citigroup (C 3.68, -1.03), extended the prior
session's record losses in late-morning trade Friday. At this session's
low, the stock market traded 1.5% lower.