S&P, Nasdaq end lower as Nvidia drags tech sector


The Dow rose 15.57 points, or 0.04%, to 39,150.33, the S&P 500 lost 8.55 points, or 0.16%, to 5,464.62 and the Nasdaq lost 32.23 points, or 0.18%, to 17,689.36.

NEW YORK: The S&P 500 and Nasdaq closed marginally lower on Friday, weighed down by a decline in Nvidia shares for a second straight day, which dragged down the technology sector.

Technology was the biggest loser among the 11 major S&P 500 sectors, down 0.84%, weighed by Nvidia, while communication services led the gain.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business

TRUST AS THE NEW COMPETITIVE ADVANTAGE IN MALAYSIA'S AI ECONOMY
Balancing without new taxes
When the safety net frays
TRUST AS THE NEW COMPETITIVE ADVANTAGE IN MALAYSIA’S AI ECONOMY
Cheap labour, costly future
Wong exits, Wang returns at EForce
SMEs yet to tap AI’s full power
Aspirations of�an AI nation
Europe’s AI debt rush
Defence, space go SPACs

Others Also Read