The NASDAQ and small-cap indices fell over 2% on the U.S. non-farm payroll day, while small-cap stocks and bank indices dropped over 4% this week

Wallstreetcn
2025.08.01 20:42

On the day the U.S. non-farm payroll report was released + the ISM Manufacturing Index was released + Federal Reserve Governor Kugler, who was absent from the July interest rate vote, announced his resignation, the S&P 500 Index closed down 101.38 points, a decrease of 1.60%, at 6238.01 points, with a cumulative decline of 2.36% this week.

The Dow Jones Industrial Average closed down 542.40 points, a decrease of 1.23%, at 43588.58 points, with a cumulative decline of 2.92% this week.

The NASDAQ Composite Index closed down 472.32 points, a decrease of 2.24%, at 20650.13 points, with a cumulative decline of 2.17% this week.

The NASDAQ 100 Index closed down 454.81 points, a decrease of 1.96%, at 22763.31 points, with a cumulative decline of 2.19% this week

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