The S&P 500 index futures extended its decline Friday to complete a four-day losing streak, finishing toward the lower end of the week’s range without quite reaching the early-week lows from Sunday night.

Similar to Thursday, bears took control overnight and made new lows, but bulls stepped in to buy the dip near 6640 in the early morning. The rally held through the morning macro data, which included a downward revision to Q4 GDP at 0.7% (versus 1.5% expected) and roughly in-line January PCE data. Bulls accelerated higher after the opening bell, but topped out at 6737.50. Bids faltered soon after, allowing bears to regain control. Support held briefly at the psychological 6700 level before giving way. 

The decline resumed until hitting the premarket low just before noon, where bids seemed to stabilize. After chopping near that level for nearly the rest of the session, bears pushed to new lows in the final half hour, bottoming at 6625. The session closed near the day’s low at 6636, down 41.50 handles. For the week, that adds up to a decline of 107.75 handles or 1.60%.

Next week brings the FOMC interest-rate decision and February’s PPI data on Wednesday along with a light earnings slate through the week.

Among the top components of the index, Walmart Inc (NYSE: WMT) stood out as the biggest gainer for the second day in a row, rising $1.19 or 0.95% to close at $126.52.

That performance was still over one percent better than the cash index’s 0.57% decline.

On the other hand, Broadcom Inc (NASDAQ: AVGO) was the biggest loser, falling $13.88 or 4.13% to close at $322.16.