Stocks fall in wild session to close out big losing week for tech; European markets close lower as rebound runs out of steam; Tech stocks lead losses; BELEX15 down 0.13% 
Stocks closed lower for a second day on Friday after a wild session in which names that would benefit from the economy reopening tried to offset another steep decline in tech. The Dow Jones Industrial Average closed 159.42 points lower, or 0.6%, at 28,133.31. At one point, the 30-stock average fell as much as 628.05 points, or 2.2%. The Dow was also higher for a moment on Friday.  
The S&P 500 slid 0.8% to 3,426.96, but closed well off its session low. The broader-market index was down 3.1% at its session low and briefly traded positive on the day. The Nasdaq Composite fell 1.3% to 11,313.13, but also closed well above its low of the day. 
The U.S. unemployment rate fell to 8.4% last month from 10.2% in July, the Labor Department said. Economists polled by Dow Jones expected the rate to decline to 9.8%. 

European stocks closed lower on Friday as a sell-off in the tech sector continued for a second consecutive trading session. The pan-European Stoxx 600 ended down 1.1%, having fluctuated throughout the day. Technology stocks led the losses, down 2.6%, while Europe’s banking index jumped 1.6%. 
Spain’s Caixabank and Bankia announced Thursday that they have entered merger talks to create Spain’s largest bank. Caixabank shares jumped more than 14% in early trade, while compatriot lender Banco de Sabadell surged more than 12%. Spain’s Bankinter added 6% and Germany’s Commerzbank jumped 9%. 

Serbian BELEX15 was down only light 0.13% as NIS lost 0.68%. This was also the most active name as it generated RSD 1.1m in volume. The index is now near its peak seen during short term recovery in April, while it is still far away from its pre-corona levels. 
Source: CNBC, Ilirika