Friday’s S&P 500 index futures session capped a week of consolidation with yet more range-bound trading, as bears eked out a small decline on monthly options expiration day.

Overnight, bulls pushed futures back to the psychological 7000 level, peaking early at 7007 before bids faded into the open. Volatility spiked at the bell, with sellers quickly gaining the upper hand. Support briefly held around Thursday’s close but crumbled amid reports of Trump praising National Economic Council Director Hassett, raising questions about his potential Fed Chair candidacy. The selloff deepened before dip-buyers stepped in aggressively from a low of 6960.50, driving the index right back to unchanged. 

Choppy action was seen for the rest of the session, mostly in the green until sellers reappeared in the final minutes, tipping the session red. The day closed below the midpoint at 6976.75, down 5 handles. For the week, the index shed 28.25 handles or 0.40%.

Next week is shortened by the MLK Jr. holiday Monday, followed by GDP and delayed PCE data Thursday, plus a full slate of earnings as the season accelerates.

Among top index components, Broadcom Inc (NASDAQ: AVGO) led as the biggest gainer, climbing $8.69 or 2.53% to close at $351.71.

That outperformed the cash index’s slight 0.08% dip by over two percent. 

On the other hand, Apple Inc (NASDAQ: AAPL) was the biggest loser, falling $2.69 or 1.04% to close at $255.52.