Nasdaq falls 2.1%, semiconductor stocks weak for 9 consecutive sessions
SMH VanEck Semiconductor ETF
$523.35 -5.99%
View chart & analysis → - 1US stocks fell on Friday, with S&P 500 down 1.1% and Nasdaq down 2.1% at close
- 2Semiconductor stocks fell for 9 consecutive sessions, with CoreWeave(CRWV) down 11.9% and SMH down 3.4%
- 3Wash Fed Chair refrained from commenting on interest rates and assessed AI as a major change to the economy
So what's the key point?
US stocks fell on Friday, and semiconductor stocks dropped for 9 consecutive sessions. The Fed Chair did not mention interest rate plans but said AI is changing the economy significantly.
Source Kiplinger · View original ↗
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