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Wallstreetcn
2025.03.07 21:00

This week, the S&P 500 fell about 3%, the Dow Jones Industrial Average dropped over 2%, the Nasdaq and semiconductor indices fell over 3%, the Russell 2000 index declined about 4%, and the Philadelphia Bank Index fell 8.9%. On the day the U.S. non-farm payroll report was released, the S&P 500 initially closed up 0.6%, with the utilities, energy, technology, and industrial sectors rising 1.8%-1.2%, while the consumer discretionary sector fell 0.5%. The Nasdaq initially closed up 0.8%, with Broadcom rising 8.6%, Arm Holdings up 6.4%, Palantir up 5.7%, AXON up 5.5%, AppLovin up 4.1%, Qualcomm up 3.3%, while CrowdStrike fell 4.7%, MSTR dropped 5.3%, and Costco fell 6.1%. The Dow initially closed up 200 points, with IBM rising 5.3% and NVIDIA up 2%

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