US stocks closed lower, with the Nasdaq falling for the third consecutive day, bringing its weekly decline to nearly 4%.
AI Summary1 min read
TL;DR
U.S. stocks declined, with the Nasdaq dropping 1.59% for its third straight loss, down nearly 4% weekly. Tesla and Nvidia fell, while some Chinese stocks like NIO gained.
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HAIChainUS stocksNasdaqmarket declineTeslaNIO
According to ChainCatcher and Gate.com data, U.S. stocks closed down 1.2% on Thursday, the Dow Jones Industrial Average fell 1.2%, the S&P 500 fell 1.2%, and the Nasdaq Composite fell 1.59%. The latter two have fallen for three consecutive trading days, with the Nasdaq down nearly 4% this week. Tesla (TSLA.O) fell 2%, Nvidia (NVDA.O) fell over 1%, and Oracle (ORCL.N) fell 7%. The Nasdaq China Golden Dragon Index closed up 0.9%, Dingdong Maicai (DDL.N) fell 14%, and NIO (NIO.N) rose 6%.