Major U.S. stock indexes ended a volatile trading day with gains, as the Dow, S&P 500, and Nasdaq rose 1.08%, 0.98%, and 0.88% respectively. Despite these daily increases, the indexes recorded weekly declines of 1.91%, 1.95%, and 2.74%.
Nvidia experienced a 5.92% drop over the week, even after reporting strong earnings. Other tech companies like AMD, Micron, and Oracle also faced significant weekly losses. In the cryptocurrency market, Bitcoin fell approximately 10% for the week, while Alphabet saw an 8.44% increase, driven by optimism surrounding AI developments.
U.S. Stock Indexes Close Higher Despite Weekly Losses; Nvidia Drops 5.92%
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