Stocks fell broadly on Friday as Wall Street closed out a holiday-shortened week on a down note. The losses were made worse by sharp declines for the Big Tech stocks known as the “Magnificent 7”, which can heavily influence the direction of the market because of their large size.

U.S. markets are broadly lower before the opening bell in what's expected to be thin holiday trading. Futures for the S&P 500 and the Dow Jones Industrial Average slipped 0.4% in the early hours Thursday.

Stocks are opening lower in what should be another day of quiet trading on Wall Street. The S&P 500 is down 0.6% and the the Dow Jones Industrial Average is

Stocks fell in morning trading Friday as Wall Street closes out a holiday-shortened week. The S&P 500 fell 1.4%, with more than 80% of stocks in the benchmark index losing ground. Still, the index is managing to hold onto a modest gain for the week.