U.S. stocks closed lower on Friday across three major indices, with the Philadelphia Semiconductor Index falling more than 7% and Intel plunging 28.58%.
2 hours ago
According to data from the BIT stock platform, U.S. stocks closed on Friday: the Dow Jones Industrial Average initially fell 1.09%, the S&P 500 dropped 1.82%, the Nasdaq slid 2.86%, and the Philadelphia Semiconductor Index slumped 7.2%. Intel (INTC.O) plunged 28.58%, marking its worst single-day performance in at least four decades. SanDisk (SNDK.O) fell 14.1%, Qualcomm (QCOM.O) dropped 11.12%, AMD (AMD.O) slid 10.88%, Micron Technology (MU.O) declined 5.3%, NVIDIA (NVDA.O) fell 4.22%, Amazon (AMZN.O) dropped 1.41%, and Alphabet (GOOGL.O) fell 1.4%.
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