Wall Street posts second straight weekly drop on tech slide.

The Nasdaq slid and the SandP 500 closed little changed on Friday as early gains in technology and growth names faded, with each of the three major Wall Street averages posting their second straight weekly decline.

After hitting a record high of $61.86, shares of Oracle Corp turned lower along with the rest of the technology sector, which closed down 0.75%. The tech sector posted its fifth decline in six days and biggest weekly percentage decline since March as investors sold companies such as Apple Inc that have spearheaded the dramatic rally from coronavirus-driven lows in March. Apple shares slid 1.31%.

Growth stocks, which include many tech names along with others that have benefited from government-imposed lockdowns such as Amazon.com Inc, fell 0.26% while value names edged up 0.54%. Amazon fell 1.86%.

The Dow Jones...