U.S. equities finished higher on Friday, according to Gate market data, with the Dow Jones Industrial Average posting a preliminary gain of 0.53%, the S&P 500 rising 0.7%, and the Nasdaq advancing 1%. Performance among technology and chip-related names was mixed rather than uniform.
Amazon led the cited gainers with a 15.32% rise. Google added 6.73%, Nvidia climbed 2.93%, Meta Platforms gained 3.28%, and Microsoft rose 3.02%. On the losing side, Apple fell 7.35%, while SpaceX slipped 3.41%.
Chinese stocks also moved higher. The Nasdaq Golden Dragon China Index rose 1.48%, with Alibaba up 5.12% and Baidu gaining 3.38%. The session left the major U.S. benchmarks in positive territory, while large-cap tech and China-related names showed divergent moves at the individual stock level.
U.S. stocks closed higher on Friday, according to Gate market data. The Dow Jones Industrial Average posted a preliminary gain of 0.53%, the S&P 500 rose 0.7%, and the Nasdaq added 1%.
Tech and chip-related stocks diverge
Moves across technology and chip-related names were mixed. Amazon rose 15.32%, Google gained 6.73%, Nvidia climbed 2.93%, Meta Platforms advanced 3.28%, and Microsoft added 3.02%.
Apple fell 7.35%, while SpaceX declined 3.41%.
China-related index also moves higher
The Nasdaq Golden Dragon China Index rose 1.48%. Alibaba gained 5.12% and Baidu rose 3.38%.
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