Intel Plunges 28.58% as U.S. Stocks Close Lower on Friday

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On the 30th (local time), major US stock market indices in New York fell across the board. On the New York Stock Exchange (NYSE), the Dow Jones 30 Industrial Average closed at 51,770.31, down 572.25 points (1.09%) from the previous close. The Standard & Poor's (S&P) 500 index fell 140.32 points (1.82%) to 7,580.07, and the Nasdaq Composite index dropped 747.73 points (2.86%) to 20

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Intel and Amazon scales frustrate market; Nasdaq backs 2.86% and fears with AI press the technology sector. Read on Power360.

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The Nasdaq index, dominated by technology stocks, closed down 747.72 points (-2.86%), at 25,436.99…More...

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On the 30th (local time), major US stock indices in New York closed lower across the board as strong selling pressure centered on technology and semiconductor stocks emerged. The Dow Jones 30 Industrial Average finished trading at 51,770.31, down 572.25 points (-1.09%) from the previous close, while the S&P 500 index fell 140.32 points (-1.82%) to 7,580.07. The Nasdaq Composite Index closed at 25,437.00, down 747.73 points (-2.86%). The Nasdaq 1…