The three major U.S. stock indexes collectively closed down, with the Nasdaq falling 1.55%, with the storage and semiconductor sectors leading the decline
The three major U.S. stock indexes collectively closed down. The Dow fell 0.26%, the Nasdaq fell 1.55%, and the S&P 500 fell 0.79%. Most large technology stocks fell, with the storage and semiconductor sectors leading the decline. The Philadelphia Semiconductor Index fell 4.78%. SanDisk fell more than 12%, SK Hynix fell more than 9%, Micron Technology, AMD, Western Digital, and SpaceX fell more than 4%, ASML fell nearly 4%, Nvidia and Broadcom fell more than 3%, Meta and Google fell more than 1%, and Microsoft rose more than 1%.
The three major U.S. stock indexes collectively closed down. The Dow fell 0.26%, the Nasdaq fell 1.55%, and the S&P 500 fell 0.79%. Most large technology stocks fell, with the storage and semiconductor sectors leading the decline. The Philadelphia Semiconductor Index fell 4.78%. SanDisk fell more than 12%, SK Hynix fell more than 9%, Micron Technology, AMD, Western Digital, and SpaceX fell more than 4%, ASML fell nearly 4%, Nvidia and Broadcom fell more than 3%, Meta and Google fell more than 1%, and Microsoft rose more than 1%. Oil and gas stocks and insurance stocks rose. Exxon Mobil rose more than 4%, Chevron, Occidental Petroleum, and Total rose more than 3%, and Shell rose more than 2%. (