Stocks were showing a bit of volatility Friday with the Dow threatening to break into the green several times during the session before turning definitively south as the trading day went on.
The Nasdaq was less volatile, dropping consistently and declining 1.8% on the day while the S&P 500 fell 0.5%.
U.S. Household Debt Falls Most in 7 Years
American consumer debt fell for the first time in six years, the Federal Reserve Bank of New York said, falling 0.2% to about $34 billion.
The decline in the second quarter was the first since 2014 and the drop is the largest since 2013 as credit card balances alone fell by $76 billion in the quarter, the steepest decline in the history of the data.
Biogen Jumps as FDA Accepts Alzheimer’s Treatment Application
Shares of drugmaker Biogen (BIIB) – Get Report jumped more than 8% Friday after the Food