Wall Street closed lower as tech stocks fell, guiding the market down all week. Major indexes faced weekly losses, breaking a three-week winning streak. S&P 500 dropped 1.1%, Dow fell 0.8%, and Nasdaq fell 1.9%.

Nvidia and Microsoft led market declines, with Amazon also dropping. DoorDash sank 17.5%, CarMax slumped 24.3%, while Datadog soared 23.1% and Rockwell Automation rose 2.7%.

Wall Street focused on corporate earnings amid a lack of broader economic information due to the ongoing U.S. government shutdown. Unemployment data was missing, leading to concerns about the economy’s direction.

Private payroll rose in October, but job cuts surged 175%. The Federal Reserve faces uncertainty due to missing data, with Wall Street predicting a 71% chance of an interest rate cut in December.

The U.S. government shutdown impacted airlines, with reduced air traffic expected. European markets fell, while Asian markets closed higher. Treasury yields declined in the bond market, with the 10-year Treasury falling to 4.09%.

Read more at Yahoo Finance: Wall Street loses ground under the weight of falling technology stocks