According to AP via Hong Kong and Taiwan media: U.S. stocks closed mixed, with the S&P 500 posting a 2.5% weekly gain and the Nasdaq snapping a four-week losing streak.
According to RTHK citing the Associated Press, at the close of US stocks on Friday, the S&P 500 Index fell 0.4% to 7,561.67 points, the Nasdaq Composite fell 0.9% to 25,136.27 points, and the Dow Jones Industrial Average rose 0.1% to 52,347.55 points. For the week, the S&P cumulative rose 2.5%, and the Nasdaq recorded its first weekly gain in five weeks. The report noted that a pullback in mega-cap AI stocks dragged down the day's performance, with NVIDIA falling 2%, Broadcom dropping 4.8%, and AMD sliding 8.8%.
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