US stocks tumble and close the week lower ...Middle East

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US stocks tumble and close the week lower

The major US indices are closing sharply lower with the NASDAQ index down -2.20% and the Russell 2000 index down close to 3%.

The final numbers are showing:

    Dow industrial average -748.63 points or -1.69% at 43428.02. For the trading week, the Dow fell -2.51% – the weakest since October 2024.S&P index fell -104.39 points or -1.71% at 6013.13.. For the trading week the index fell -1.66%. It's worse trading week since January 6.NASDAQ index fell -438.36 points or -2.20% at 19524.01. For the trading week, the index fell -2.51%. It worst trading week since November 11Russell 2000 fell -66.39 points or -2.94% at 2195.34. For the trading week the index fell -3.71%. That was it trading week since December 16.

    After closing high for 20 consecutive days, the shares of Meta fell for the 4th consecutive day and fell -7.21% for the week.

    What were the % gains/losses for other large cap stocks this week:

    Nvidia, -3.21%Microsoft -0.34%Amazon -5.29%Alphabet -3.01%Apple rose 0.38%Tesla, -5.07%Palantir -14.91%Oracle -3.65%Dell +2.82%Broadcom -6.17%Adobe -3.44%Applovin -18.59%Costco -3.44% This article was written by Greg Michalowski at www.forexlive.com.

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