U.S. Stocks End Mixed as Tech Shares Weigh on Nasdaq
According to ChainCatcher News, citing Jinshi, U.S. equities closed Thursday’s session with mixed performance, as weakness in major technology stocks pressured broader market sentiment. The Dow Jones Industrial Average edged higher, closing up 0.1%, supported by relative strength in traditional and defensive sectors. In contrast, the S&P 500 slipped 0.1%, while the Nasdaq Composite declined a sharper 0.7%, reflecting pronounced selling pressure in large-cap technology names. Among individual stocks, Tesla (TSLA) fell more than 3%, continuing a volatile stretch for the electric vehicle maker. Microsoft (MSFT) saw a steep decline of nearly 10%, weighing heavily on the Nasdaq and amplifying losses across the technology sector. Chinese equities listed in the U.S. showed comparatively better performance. The Nasdaq China Golden Dragon Index rose 0.3%, signaling modest recovery interest. Alibaba (BABA) slipped nearly 1%, while NIO (NIO) outperformed, gaining 4% and standing out as one of the stronger movers among Chinese ADRs. Overall, the session highlighted a growing divergence within the U.S. equity market, with technology stocks facing renewed pressure while select international and sector-specific names attracted buying interest. Investors remain focused on earnings developments, interest rate expectations, and macroeconomic signals for direction in the coming sessions.#MiddleEastTensionsEscalate #GrowthPointsDrawRound16 #TokenizedSilverTrend
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U.S. Stocks End Mixed as Tech Shares Weigh on Nasdaq
According to ChainCatcher News, citing Jinshi, U.S. equities closed Thursday’s session with mixed performance, as weakness in major technology stocks pressured broader market sentiment.
The Dow Jones Industrial Average edged higher, closing up 0.1%, supported by relative strength in traditional and defensive sectors. In contrast, the S&P 500 slipped 0.1%, while the Nasdaq Composite declined a sharper 0.7%, reflecting pronounced selling pressure in large-cap technology names.
Among individual stocks, Tesla (TSLA) fell more than 3%, continuing a volatile stretch for the electric vehicle maker. Microsoft (MSFT) saw a steep decline of nearly 10%, weighing heavily on the Nasdaq and amplifying losses across the technology sector.
Chinese equities listed in the U.S. showed comparatively better performance. The Nasdaq China Golden Dragon Index rose 0.3%, signaling modest recovery interest. Alibaba (BABA) slipped nearly 1%, while NIO (NIO) outperformed, gaining 4% and standing out as one of the stronger movers among Chinese ADRs.
Overall, the session highlighted a growing divergence within the U.S. equity market, with technology stocks facing renewed pressure while select international and sector-specific names attracted buying interest. Investors remain focused on earnings developments, interest rate expectations, and macroeconomic signals for direction in the coming sessions.#MiddleEastTensionsEscalate #GrowthPointsDrawRound16 #TokenizedSilverTrend