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Momentum stocks hit Wall Street; Nasdaq off 2.6 percent

NEW YORK (Reuters) - U.S. stocks fell on Friday as momentum shares like Netflix and TripAdvisor sold off for a second straight session, giving the Nasdaq its biggest daily percentage loss since early February.

The Dow Jones industrial average <.DJI> fell 159.84 points or 0.96 percent, to end unofficially at 16,412.71. The S&P 500 <.SPX> lost 23.68 points or 1.25 percent, to finish unofficially at 1,865.09. The Nasdaq Composite <.IXIC> dropped 110.014 points or 2.6 percent, to close unofficially at 4,127.726.

For the week, the Dow gained 0.6 percent and the S&P 500 added 0.4 percent, while the Nasdaq fell 0.7 percent.

(Reporting by Caroline Valetkevitch; Editing by Jan Paschal)

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