All three major US stock indices fell collectively. The Nasdaq Composite Index fell 3.65% this week, ending its three-week streak of gains.
The major US stock indices fell collectively. The Dow Jones Industrial Average fell 0.93%, with a cumulative gain of 0.72% this week, and the weekly line three in a row; the Nasdaq fell 0.81%, with a cumulative loss of 3.65% this week, ending the weekly line three in a row; the S&P 500 index fell 0.71%, with a cumulative loss of 1.97% this week, ending the weekly line two in a row. Most large-cap tech stocks fell, with Intel falling more than 5%, Tesla falling more than 4%, with a cumulative loss of 3.64% this week, Nvidia falling more than 2%, with a cumulative loss of 8.75% this week, TSMC ADR falling 3.55%, AMD falling 2.69%, and Nvidia falling more than 1%, with a cumulative loss of 4.43% this week, Berkshire Hathaway B-class shares fell 1.66%, and Lilly with a gain of 1.01%. Hawaii Electric rose more than 37%, with a plan to pay more than $4 billion to settle the lawsuit over the Maui wildfires, with the compensation less than expected. The solar stock of the US photovoltaic manufacturer Sunpower fell more than 55%, with a single-week loss of nearly 75%, the worst single-week performance since its US IPO. The US security giant CrowdStrike fell more than 11% due to a global technical failure, with the worst single-day performance since 2022, with a cumulative loss of about 18% this week.