US stocks fell on Friday, led lower by Tech (XLK) amid continued scrutiny of AI, with software and semiconductor equities declining. The tech-heavy Nasdaq Composite (^IXIC) dropped 2.1%, while the S&P 500 (^GSPC) fell 1% and the Dow Jones Industrial Average (^DJI) slipped 0.4%. All three major averages closed in the green on Thursday.
For the week, the Nasdaq fell 4.5%, snapping a monthlong winning streak with its worst week since late June, while the S&P 500 declined 1.95%. The weekly losses come after a sell-off in chips earlier this week. The Dow remained in the green, up 0.7%, as investors rotated away from the tech sector.
Brent crude (BZ=F) touched $110 per barrel for the first time since May as Iran escalated attacks in the Strait of Hormuz. West Texas Intermediate crude (CL=F) neared $100. For 2026 so far, the Dow is up 8.2% while the S&P 500 and Nasdaq are up 11.9% and 12.5%.
Semiconductor stocks edged lower following a volatile week for the sector. Shares of Nvidia-backed Core Weave (CRWV) came under pressure again on Friday amid concerns over its debt-heavy balance sheet. Tesla (TSLA) shares erased earlier gains, dropping 2% on the heels of the EV maker's unveiling of a jaw-dropping redesign of the Roadster.
Earnings season continues with Tesla on deck for next week. Streaming giant Netflix (NFLX) and social media giant Meta (META) will also post quarterly results.
来源: Wall Street Journal Markets · 由HeadlinesBriefing整理摘要