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HomeMarket NewsUS Stock Market Highlights: Nasdaq snaps three-day slide as tech stocks rebound after sharp sell-off
US Stock Market Crash Highlights: The tech-heavy index rose 0.13% to 22,900.59, halting a three-day losing streak. The S&P 500 ended little changed, slipping 0.05% to 6,734.11, while the Dow Jones Industrial Average fell 0.65% to 47,147.48.
US Stock Market Highlights: The Nasdaq Composite edged higher on Friday as investors stepped in to buy battered technology stocks a day after Wall Street logged its worst session in more than a month. The tech-heavy index rose 0.13% to 22,900.59, halting a three-day losing streak. The S&P 500 ended little changed, slipping 0.05% to 6,734.11, while the Dow Jones Industrial Average fell 0.65% to 47,147.48.
All three indexes clawed back steep early losses, with the Nasdaq and S&P 500 having been down as much as 1.9% and 1.4%, respectively. The Dow had dropped nearly 600 points at its intraday low.
Big tech names helped stabilise sentiment after a broad sell-off. AI heavyweights Nvidia and Oracle reversed the previous day’s losses, while Palantir and Tesla also recovered after sharp declines. The Technology Select Sector SPDR Fund rose 0.5%, partly offsetting Thursday’s 2% slide, when major US benchmarks posted their heaviest fall since Oct. 10.
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