The Nasdaq fell 4% following the worst week of the year for semiconductor stocks

Photo: X/NYSE
The Nasdaq Composite, a technology sector index, fell by about 4% over the course of the week. The S&P 500, a broad-market index, also ended the week in the red, while the Dow Jones Industrial Average, a blue-chip index, managed to rise slightly. Semiconductor stocks fell by more than 7% over the week—their worst performance of the year—despite Micron’s earnings report, which exceeded all expectations.
Details
— The Nasdaq Composite Index lost 4.6% for the week, according to CNBC. It closed Friday down 0.24%, marking its fifth consecutive day of losses, even though it had been rising just half an hour before the markets closed. The PHLX Semiconductor Index fell by more than 7% this week—its worst performance since April 2025, MarketWatch reported, citing FactSet.
— The S&P 500 broad market index fell by more than 1% this week. On Friday, it fell by a modest 0.06%. The best-performing sector in the index on Friday was healthcare, followed by consumer staples, MarketWatch noted.
— The Dow Jones Index managed to gain about 0.6% over the week, although it fell slightly on Friday—by about 0.1%.
— The Russell 2000 Small- and Mid-Cap Index rose 1.3% over the week, but gained only 0.07% on Friday.
— Brent crude oil futures fell 4% on Friday to $72.21 per barrel, while WTI crude oil futures dropped 3.3% to $69.53 per barrel.
This news story is being updated...
This article was AI-translated and verified by a human editor



