U.S. stocks extended losses toward the end of trading, with the Dow Jones dropping to a fresh low for the year.
The Dow traded down 2.48% to 29,331.80 while the NASDAQ fell 2.78% to 10,759.32. The S&P 500 also fell, dropping, 2.67% to 3,657.63.
Leading and Lagging Sectors
Health care shares fell by just 1.5% on Friday.
In trading on Friday, energy shares dipped by 7.2%.
The S&P Global services PMI climbed to 49.2 in September from 43.7 in the prior month, while manufacturing PMI rose to 51.8 in September from 51.5 in August.
Equities Trading UP
Snow Lake Resources Ltd. (NASDAQ: LITM) shares shot up 42% to $3.2750 following news the company will collaborate with an LG unit to form a North American supply chain for lithium.
Shares of Athersys, Inc. (NASDAQ: ATHX) got a boost, shooting 36% to $1.5911 after the company announced it entered into amended agreements to extend the exercise period of the warrants that were issued as part of a recent registered direct offering.
Sonendo, Inc. (NYSE: SONX) shares were also up, gaining 21% to $1.10. Sonendo …