Wall Street ends week on down note as Apple weighs

Wall Street ended lower on Friday as Apple dragged down major indexes and investors girded for Britain's vote next week on its European Union membership. 

For the week, the three indexes each posted declines of at least 1 percent, with the Nasdaq falling nearly 2 percent.

The Dow Jones industrial average fell 57.94 points, or 0.33 percent, to 17,675.16, and the S&P 500 lost 6.77 points, or 0.33 percent, to 2,071.22. 

The tech-heavy Nasdaq Composite dropped 44.58 points, or 0.92 percent, to 4,800.34.

Apple shares fell 2.3 percent. Apple said its iPhone 6 and 6 Plus were still available for sale in China after Beijing's intellectual property regulators barred sales, saying the designs had infringed a Chinese company's patent. 

On Friday, five of the 10 S&P sectors ended lower. Energy shares were the best-performing group, gaining 0.8 percent, as oil prices jumped. 

Recovering oil prices have helped the US stock market rebound some 14 percent since mid-February. The S&P is now up more than 1 percent for the year.

Nearly 9 billion shares changed hands on US exchanges, well above the 6.7 billion average over the past 20 trading days, according to Thomson Reuters data. 

Advancing issues outnumbered declining ones on the NYSE by 1,844 to 1,156, for a 1.60-to-1 ratio on the upside; on the Nasdaq, 1,599 issues fell and 1,231 advanced for a 1.30-to-1 ratio favoring decliners. 

The S&P 500 posted 12 new 52-week highs and 2 new lows; the Nasdaq recorded 39 new highs and 41 new lows.

                                          

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