Dow Plummets Amid Boeing and Intel Losses
TL;DR Summary
The Nasdaq closed at a record high on Friday, driven by a 15% weekly gain in Nvidia shares following strong earnings and ongoing demand for AI chips. The S&P 500 and Dow Jones also saw slight gains. Communication services led sector gains, while oil prices headed for a weekly loss. The market showed signs of broadening beyond big tech, with more companies discussing AI in earnings calls. The information technology sector was the only S&P 500 sector to finish the week with gains.
- Stock futures are little changed after Dow posts worst session since March 2023: Live updates CNBC
- Dow tumbles, S&P 500 flashing a warning signal: Market takeaways Yahoo Finance
- Dow down 511 points on losses for shares of Boeing, Intel MarketWatch
- U.S. Markets Declined Thursday; Lincoln Electric Took Biggest Hit Barron's
- Boeing, Intel share losses lead Dow's nearly 350-point fall MSN
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