Mid-Afternoon Market Update: Markets Take a Sharp Dip to the Downside, as Traders Take Month-End Profits

Toward the end of trading Friday, the Dow traded up 0.04 percent to 16,278.76 while the NASDAQ dropped 0.48 percent to 4,298.01. The S&P also rose, gaining 0.07 percent to 1,856.06. Leading and Lagging Sectors Early in trading on Friday, industrials shares were relative leaders, up on the day by about 0.71