U.S. equities ended Friday with mixed results, according to market data from BIT (bit.com). The Dow Jones Industrial Average rose 0.46%, while the S&P 500 added 0.05%. The Nasdaq Composite slipped 0.64%. Semiconductor shares were notably weak, with the Philadelphia Semiconductor Index falling 4.25%.
Among individual names, SanDisk dropped more than 10%, Coherent fell over 9%, SK hynix lost more than 8%, and Kioxia ADRs declined more than 14%. Other chip-related stocks, including Marvell Technology, Intel, Western Digital, and Micron Technology, also posted clear losses during the session.
Tesla fell more than 2% on the day. For the week, the stock was down nearly 18%, marking its biggest weekly decline since 2022. SpaceX shares extended their decline to fresh lows, with a weekly drop of more than 7%.
U.S. stocks closed mixed on Friday, according to market data from BIT (bit.com). The Dow Jones Industrial Average rose 0.46%, the S&P 500 gained 0.05%, and the Nasdaq Composite fell 0.64%.
Semiconductor shares saw broad selling. The Philadelphia Semiconductor Index dropped 4.25%. SanDisk fell more than 10%, Coherent lost more than 9%, SK hynix declined more than 8%, and Kioxia ADRs dropped more than 14%. Marvell Technology, Intel, Western Digital, and Micron Technology were also down sharply.
Tesla fell more than 2% and was down nearly 18% for the week, its biggest weekly loss since 2022. SpaceX shares extended their slide to fresh lows, with a weekly decline of more than 7%.
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