U.S. stocks closed lower on Friday, with the Dow Jones Industrial Average falling 0.51%, the S&P 500 dropping 0.38%, and the Nasdaq Composite declining 0.29%, according to data from BIT (bit.com) on September 5. Major tech stocks were mixed: Tesla (TSLA.O) slid 5.92%, Apple (AAPL.O) lost 2.51%, and Microsoft (MSFT.O) dropped 2.04%. In contrast, AI chip stocks surged, with SanDisk (SNDK.O) jumping 11.9%, SK Hynix (SKHY.O) rising 8.14%, Micron Technology (MU.O) gaining 6.1%, and Intel (INTC.O) adding 4.51%. Crypto-related stocks also fell broadly, with MSTR down 1.39%, CRCL down 1.14%, COIN down 4.18%, BMNR down 5.60%, SBET down 3.34%, PURR down 4.62%, and HOOD down 2.09%.
US Stocks and Crypto Stocks Performance
U.S. stocks ended lower on Friday, according to data from BIT (bit.com) reported by BlockBeats on September 5. The Dow Jones Industrial Average fell 0.51%, the S&P 500 dropped 0.38%, and the Nasdaq Composite lost 0.29%.
Large-cap tech stocks showed mixed results. Tesla (TSLA.O) dropped 5.92%, Apple (AAPL.O) declined 2.51%, and Microsoft (MSFT.O) fell 2.04%. However, the AI chip supply chain rallied, with SanDisk (SNDK.O) surging 11.9%, SK Hynix (SKHY.O) climbing 8.14%, Micron Technology (MU.O) advancing 6.1%, and Intel (INTC.O) rising 4.51%.
In the crypto-related stock sector, most names moved lower. MSTR shed 1.39%, CRCL lost 1.14%, COIN dropped 4.18%, BMNR fell 5.60%, SBET declined 3.34%, PURR slid 4.62%, and HOOD decreased 2.09%.
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