US Stock Markets Close Lower, Tech Stocks Lead Decline

Major US stock indexes closed lower on Friday, July 11, pulling the S&P 500 and Nasdaq composite below their record highs. The S&P 500 fell 0.3%, the Dow Jones Industrial Average gave back 0.6%, and the Nasdaq composite slipped 0.2%. Investors are showing caution ahead of next week's major earnings reports from big companies, including major banks, signaling potential market volatility.

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