# Wall Street Traded Lower at Midday as Technology Shares Stayed Weak By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/33588 Published: 2026-10-17T00:09:33.000Z Updated: 2026-10-17T00:09:33.000Z Section: Investing > At 12:15 p.m. ET (16:15 UTC) on Oct. 16, the Dow was down 0.1% and the S&P 500 had fallen 0.5%. U.S. stocks moved lower by midday Friday as continuing weakness in technology shares weighed on the market during a difficult week for the sector overall. At 12:15 p.m. ET (16:15 UTC) on Oct. 16, the Dow Jones Industrial Average was down 0.1%, while the S&P 500 had fallen 0.5%. Technology shares had faced [selling pressure earlier in the week](), when U.S. stock indexes were seeking direction. At 9:56 a.m. ET (13:56 UTC) Tuesday, the Dow was up 0.2%; the S&P 500 and Nasdaq Composite were also seeking direction. ## Links in this article - [selling pressure earlier in the week](https://www.tokenpost.com/news/investing/31228)