Nasdaq sell-off extends; Semiconductor ETF posts worst week in 18 months while Cboe VIX jumps
The Dow Jones ended 175 points lower on Friday, outperforming its tech-heavy peers S&P 500 and Nasdaq, and also managing to post a weekly advance of 0.7%. The S&P 500 ended 1.1% lower, while the Nasdaq Composite declined 2.1%. The chip stocks-heavy Nasdaq 100 index ended the session with losses of 2.5%.
The Dow Jones ended 175 points lower on Friday, outperforming its tech-heavy peers S&P 500 and Nasdaq, and also managing to post a weekly advance of 0.7%. The S&P 500 ended 1.1% lower, while the Nasdaq Composite declined 2.1%. The chip stocks-heavy Nasdaq 100 index ended the session with losses of 2.5%.
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