How major US stock indexes fared Friday, 4/19/2024
Time:2024-05-21 15:35:54 Source:worldViews(143)
The worst week for big technology stocks since the COVID crash in 2020 dragged Wall Street across the finish line of another losing week.
The S&P 500 fell 0.9% Friday to close out its third straight losing week. The Nasdaq composite tumbled 2%. The Dow Jones Industrial Average, which has less of an emphasis on tech, was an outlier and rose 0.6%.
The market’s worst performers included several stocks that had been its biggest stars. Super Micro Computer lost more than a fifth of its value. Nvidia was the single heaviest weight on the S&P 500.
On Friday:
The S&P 500 fell 43.89 points, or 0.9%, to 4,967.23.
The Dow Jones Industrial Average rose 211.02 points, or 0.6%, to 37,986.40.
The Nasdaq composite fell 319.49 points, or 2%, to 15,282.01.
The Russell 2000 index of smaller companies rose 4.70 points, or 0.2%, to 1,947.66.
For the week:
The S&P 500 is down 156.18 points, or 3%.
Previous:US overdose deaths dropped in 2023, the first time since 2018
Next:Insider Q&A: CIA's chief technologist's cautious embrace of generative AI
You may also like
- Analysis: Larson enters conversation with Verstappen as best drivers in the world
- Two Sessions Explainer: Highlights of 2024 Chinese government work report
- Taiwan official calls for more exchanges
- Thai edition of Xi's book published
- The government wants to buy their flood
- China's top political advisory body to hold annual session from March 4 to 10
- Book on Xi's discourses on China's manufacturing strength published
- Xi's important speech infuses Hong Kong's development with strong confidence
- Sweden beats France, Britain relegated after losing to Norway at hockey worlds