US Stocks Fall, Nasdaq Down 1.6%

2025-12-12 16:08 By Agna Gabriel 1 min. read

US stocks extended losses on Friday as tech weakness weighed on global markets.

The Nasdaq 100 fell as much as 1.6%, dragged by a 10% drop in Broadcom after its AI chip sales outlook fell short of expectations despite beating Q4 results.

The S&P 500 slipped 0.6% from record highs, while the Dow Jones fell 0.3% after hitting an intraday record.

The tech pullback reflects margin concerns and caution over AI stocks, even as the Fed’s recent rate cuts continue to support broader market sentiment.

Fed’s Cleveland President signaled a preference for slightly tighter rates to curb inflation.

Meanwhile, Lululemon jumped 10% after raising its full-year outlook and announcing its CEO will step down in January.

This week, the S&P 500 is down 0.2%, Dow up almost 2%, and Nasdaq down 1%.



News Stream
US Stocks Slip Back into the Red Amid Volatile Trading
US stocks fell on Thursday, with the S&P 500 slipping 0.3%, the Nasdaq dropping 0.4%, and the Dow Jones losing roughly 200 points, though all three pared larger losses seen earlier in the session. A report that Iran is drafting a protocol with Oman to monitor traffic through the Strait of Hormuz helped ease some market pressure. Nevertheless, volatility is likely to persist amid escalating rhetoric from President Trump and crude oil prices remaining near 2022 highs. Yesterday, Trump vowed to take more aggressive action against Iran. Sector performance was mixed: consumer discretionary stocks underperformed, while utilities led gains. Tesla shares tumbled about 5% after reporting weak first-quarter deliveries. Meta declined over 1%, Nvidia edged up 0.5%, and Netflix rose around 2.6%. The US stock market will be closed on Friday in observance of the Easter holiday.
2026-04-02
US Stocks Attempt a Rebound
The three major US indices pared early losses to trade around the flatline on Thursday, with the Dow Jones recovering from an initial drop of around 600 points. Both the S&P 500 and the Nasdaq had fallen more than 1% earlier in the session before rebounding. A report that Iran is drafting a protocol with Oman to monitor traffic through the Strait of Hormuz helped to ease some pressure but volatility is expected to persist amid escalating rhetoric from President Trump and as crude prices remain near 2022 highs. Yesterday, Trump pledged to take more aggressive action against Iran. Consumer discretionary stocks underperformed, while energy, utilities, and real estate led gains. Tesla shares fell about 4% after reporting weak first-quarter deliveries. Meta declined roughly 1%, while Nvidia rose 0.3% and Netflix gained around 2%. The US stock market will be closed on Friday for the Easter holiday.
2026-04-02
The Dow Jones Index Opens 0.90% Lower
The Dow Jones Index is losing -418 points. Losses were led by Sherwin-Williams (-3.81%), Nike (-2.98%) and Home Depot (-2.66%). Offsetting the fall, top gainers were Chevron (2.92%), J&J (0.96%) and Walmart (0.69%).
2026-04-02