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All 11 of S&P 500's sectors fall midday Friday, led by tech and materials shares; healthcare struggles for loft

·1 min read
All 11 of S&P 500's sectors fall midday Friday, led by tech and materials shares; healthcare struggles for loft
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All of the S&P 500's 11 sectors were trading in negative territory around midday Friday, led by sharp declines in information technology and materials. The tech sector was off 1.5%, while materials were down nearly 2%, which was weighing on the broader index. Health care was the best performing among the 11 sectors, but struggling to stay in positive territory. The S&P 500 index was down 38 points, or 0.9%, at 4,434, struggling to stay above its 50-day moving average at 4,436,67, according to Fa