Stocks closed out a volatile week on a relatively quiet note as market participants caught their breath after Thursday's broad-based beatdown.

The tech-heavy Nasdaq Composite made a valiant attempt at a rebound as several tech stocks bounced, but Friday's gains put just a small dent in its weekly decline. Moves by the broader S&P 500 and blue-chip Dow Jones Industrial Average were far less impressive.

At the close, the Nasdaq was up 1.1% at 24,579 — still in correction territory , but paring its week-over-week deficit to 3.4%. The S&P 500 finished the day up 0.3% at 7,376, and the week down 2.7%. And the Dow slipped 0.5% Friday to 51,285, and was 0.9% lower on the week.

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