S&P 500 steadies as Big Tech selloff eases

The S&P 500 was little changed Friday, steadying after its deepest drop in a month, as Brent crude fell below $100 and Big Tech losses moderated. The Nasdaq 100 fell 0.9%, with Intel dropping 4% despite strong AI demand. Bond yields eased from 2024 highs. Major indexes remain on track for weekly losses, with the S&P 500 down 0.5% and Nasdaq 100 down 1%.