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Wall Street closes rollercoaster week sharply lower

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U.S. stocks ended sharply lower in a broad sell-off on Friday, ending a week buffeted by strong economic data, corporate tax hike worries, the Delta COVID variant, and possible shifts in the U.S. Federal Reserve's timeline for tapering asset purchases.

weighed down as rising U.S. Treasury yields pressured market-leading growth stocks.suffering its biggest two-week drop since February.

"Equity markets are also a little softer due to today's weak Consumer Sentiment data," Carter added. "It's triggering concerns that the Delta variant could slow economic growth."

 

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