US stocks are closing mixed with the Dow and the S&P closed modestly higher, the Nasdaq still closed lower but still fell by 3% this week for its worst week since the March 31 week.
A snapshot of the closing levels shows:
- Dow industrial average rose 74.80 points or 0.16% at 46987.10. At session lows, the Dow was down -416 points.
- S&P rose 8.48 points or 0.13% at 6728.80. At session lows, the S&P was down -88.88 points.
- Nasdaq fell -49.46 points or -0.21% at rose 23004.54. At session lows, the Nasdaq was down -490 points. .
For the trading week:
- Dow fell -1.21%
- S&P fell -1.63%
- Nasdaq fell -3.04%
This week saw broad weakness among the mega-cap tech names, led by sharp declines in the semiconductor and EV space. Only one stock managed to finish in positive territory.
-
NVIDIA: -7.04% — worst performer of the group, extending its recent correction.
-
Tesla: -5.92% — continued to slide amid demand and margin concerns.
-
Meta Platforms: -4.11% — declined after a strong prior run.
-
Microsoft: -4.03% — pulled back along with the broader tech complex.
-
Alphabet A: -0.82% — relatively resilient but still negative.
-
Apple: -0.67% — modest decline, outperforming most peers.
-
Amazon.com: +0.08% — only gainer in the group, ending slightly higher for the week.
Looking at other losers this week were focused on high-beta and growth-oriented names as risk sentiment soured and yields stayed elevated. The selloff stretched across AI, biotech, and consumer sectors, with some high-flyers seeing double-digit losses.
-
Celsius: -31.06% — steep drop after earnings disappointment and margin compression concerns.
-
Super Micro Computer: -23.42% — sharp correction as AI-server momentum cooled and investors rotated out of high-valuation tech.
-
DoorDash: -19.67% — slid after weak guidance and slowing delivery growth.
-
Papa John’s: -19.17% — heavy post-earnings decline on franchise and sales pressures.
-
Raytheon: -17.17% — pulled back on mixed defense-sector sentiment and funding uncertainty.
-
Nebius NV: -14.93% — extended slide amid renewed scrutiny of smaller AI players.
-
Trump Media & Technology Group: -14.58% — continued volatility and profit-taking after prior speculative surge.
-
Block: -13.81% — fell on fintech weakness and broader risk-off trade.
-
Synopsys: -13.32% — gave back gains as semiconductor software names corrected.
-
Shopify: -12.34% — post-earnings retreat as e-commerce growth moderated.
-
Palantir: -11.24% — weakness tied to AI fatigue and stretched valuations.
-
Robinhood Markets: -11.18% — hit by reduced retail trading volumes.
-
Strategy: -10.22% — broad risk-off decline.
-
Arm: -10.20% — chip-sector slide dragged shares lower.
-
ARK Genomic Revolution: -9.96% — biotech and innovation funds under pressure.
-
Moderna: -9.57% — continued slide amid falling vaccine demand.
-
Dell Technologies: -9.45% — profit-taking after strong prior run.
-
ARK Innovation ETF: -9.25% — reflects across-the-board weakness in speculative growth stocks.
This article was written by Greg Michalowski at investinglive.com.