US Stock Market Performance Analysis: Key Takeaways from Major Indexes on Friday, 4/19/2024

• Big technology stocks have experienced their worst week since the COVID crash in 2020, leading to another losing week for Wall Street.
• The S&P 500 fell 0.9% on Friday, marking its third consecutive losing week, while the Nasdaq composite tumbled 2%.
• Super Micro Computer lost more than a fifth of its value, and Nvidia was the single heaviest weight on the S&P 500.

Wall Street suffers another losing week as big tech stocks experience their worst week since the COVID crash in 2020, with Super Micro Computer and Nvidia among the hardest hit.

Big Tech Stocks Drag Wall Street Down

The worst week for big technology stocks since the COVID crash in 2020 has dragged Wall Street across the finish line of another losing week. The S&P 500 fell 0.9% on Friday, closing out its third straight losing week. The Nasdaq composite, which is heavily weighted towards tech stocks, tumbled 2%... Read the full article for FREE at COINOTAG!