The three major U.S. stock indexes all closed higher, with the Dow Jones Industrial Average up 2.21%and the Nasdaq up 3.33%the S&P 500 up 2.32%。AMD up 13.61%, while Tesla was up 6.01%。
PANews cited Seeking Alpha as saying that the sell-off in technology stocks dragged the three major U.S. stock indexes lower for the week, with Intel, Alphabet, ServiceNow, and AMD posting significant declines. The Federal Reserve kept the interest-rate range unchanged.
The three major U.S. stock indexes closed lower, with the Dow Jones Industrial Average falling 0.32%, the Nasdaq Composite falling 0.08%, and the S&P 500 index falling 0.10%. Meta rose 4.58%, while Riot Platforms fell 4.56%。