U.S. Stock Indices Fall This Week as Tech Sector Leads Decline; Nasdaq Down 2.2%

This week, the S&P 500 declined approximately 0.6%, the Dow Jones fell 0.4%, and the Nasdaq Composite dropped 2.2%. The Magnificent Seven tech index declined 3.4%, while the semiconductor index gained 0.8%.

Among Nasdaq 100 components, several semiconductor and AI-related stocks recorded notable losses, including Nebius Group down 13.2%, CoreWeave down 11.6%, and Arm Holdings and Intel each declining at least 7.9%.