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Tech slide hits Wall Street as coronavirus cases spiral

U.S. stock indexes closed lower on Friday, capping Wall Street's worst week since the March sell-off, as losses in richly priced tech heavyweights, a record rise in coronavirus cases and jitters over the presidential election snuffed investor sentiment.

Exclusive: Goldman money funds' liquidity buffer swells before U.S. election

Two Goldman Sachs Group Inc money-market funds, whipsawed in March by billions of dollars of investor withdrawals, have steadily amassed a liquidity cushion much larger than rivals, as the $4.35 trillion industry braces for the outcome of the U.S. presidential election and another global surge in coronavirus cases.

Markets

S&P » 3,269.96 -1.21%
Dow » 26,501.60 -0.59%
FTSE 100 » 5,577.27 -0.08%
Nikkei 225 » 22,977.13 -1.52%
US 10YR
+0.860
+0.024
DE 10YR
-0.626
-0.001
JP 10YR
+0.040
-0.001
USD / EUR » 0.8584 +0.22%
USD / GBP » 0.7716 -0.25%
USD / JPY » 104.6800 +0.07%