The major US indices are closing sharply lower with the NASDAQ index down -2.20% and the Russell 2000 index down close to 3%.
The final numbers are showing:
- Dow industrial average -748.63 points or -1.69% at 43428.02. For the trading week, the Dow fell -2.51% – the weakest since October 2024.
- S&P index fell -104.39 points or -1.71% at 6013.13.. For the trading week the index fell -1.66%. It’s worse trading week since January 6.
- NASDAQ index fell -438.36 points or -2.20% at 19524.01. For the trading week, the index fell -2.51%. It worst trading week since November 11
- Russell 2000 fell -66.39 points or -2.94% at 2195.34. For the trading week the index fell -3.71%. That was it trading week since December 16.
After closing high for 20 consecutive days, the shares of Meta fell for the 4th consecutive day and fell -7.21% for the week.
What were the % gains/losses for other large cap stocks this week:
- Nvidia, -3.21%
- Microsoft -0.34%
- Amazon -5.29%
- Alphabet -3.01%
- Apple rose 0.38%
- Tesla, -5.07%
- Palantir -14.91%
- Oracle -3.65%
- Dell +2.82%
- Broadcom -6.17%
- Adobe -3.44%
- Applovin -18.59%
- Costco -3.44%