US stock market close: Nasdaq ends three-day slump, Dow sinks further, S&P lays flat; Oracle, Nvidia gain after major losses
Technology stocks saw a modest rebound on Friday, with the Nasdaq Composite inching up, halting a three-day decline. Major tech firms like Nvidia and Oracle recovered from earlier losses. Despite this bounce, investor sentiment remains cautious due to high tech valuations, AI spending, and uncertainty surrounding the Federal Reserve's interest rate decisions.
Technology stocks saw a modest rebound on Friday, with the Nasdaq Composite inching up, halting a three-day decline. Major tech firms like Nvidia and Oracle recovered from earlier losses. Despite this bounce, investor sentiment remains cautious due to high tech valuations, AI spending, and uncertainty surrounding the Federal Reserve's interest rate decisions.
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