U.S. stocks close lower Friday, with the Nasdaq down 2.14%

U.S. stocks close lower Friday, with the Nasdaq down 2.14%

N
News Editor
2026-10-16 20:03:49
U.S. equities finished lower on Friday, according to market data cited by ChainCatcher from Gate. The Nasdaq fell 2.14%, while the S&P 500 lost 1.09%. The Dow Jones Industrial Average was preliminarily down 0.34% at the close. Among individual names mentioned in the data, CoreWeave posted the steepest decline, falling 11.91%. SK Hynix dropped 6.58%, Arm fell 6.94%, SanDisk lost 6.85%, Oracle declined 4.64%, and Tesla slipped 2.13%. Chinese stocks also moved lower. The Nasdaq Golden Dragon China Index fell 1.3%, with Baidu down 2.93% and Alibaba off 1.83%. The figures were reported by ChainCatcher, citing Gate market data.

U.S. stocks closed lower on Friday, according to Gate market data cited by ChainCatcher. The Nasdaq fell 2.14%, the S&P 500 dropped 1.09%, and the Dow Jones Industrial Average was preliminarily down 0.34%.

Among individual stocks, CoreWeave fell 11.91%, SK Hynix lost 6.58%, Arm declined 6.94%, SanDisk dropped 6.85%, Oracle fell 4.64%, and Tesla was down 2.13%.

The Nasdaq Golden Dragon China Index also fell 1.3%. Baidu lost 2.93%, while Alibaba dropped 1.83%.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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