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US stocks sink this week, semiconductors walloped amid sell-off
Yahoo Finance Video70d agobearishVIDEO
US stocks sink this week, semiconductors walloped amid sell-off

US equities (^DJI, ^IXIC, ^GSPC) closed Friday's session in negative territory — led by the Nasdaq Composite's 1.4% drop — all three of the market indexes seeing weekly losses amid the recent sell-off in semiconductor stocks. Yahoo Finance Markets and Data Editor Jared Blikre examines the day's market moves, taking a closer look at the losses in semiconductor stocks and the gains seen across the software landscape.

MT Newswires71d agoneutral
Sector Update: Energy

Energy stocks gained Friday afternoon, with the NYSE Energy Sector Index rising 1.1% and the State S

DeepSeek Round 2? A New Chinese AI Model Deepens Chip Stock Selloff.
Barrons.com71d agobearish
DeepSeek Round 2? A New Chinese AI Model Deepens Chip Stock Selloff.

The Dow was down 0.3%, or 155 points. Moonshot AI launched Kimi K3, an open-source model that, which the company said outperforms some of the top U.S. models from Anthropic and OpenAI. "Kimi-k3 is this quarter’s DeepSeek moment," Futurum CEO Daniel Newman said.

How SpaceX Stock Became a Short-Seller Favorite
Barrons.com71d agobearish
How SpaceX Stock Became a Short-Seller Favorite

SpaceX investors can’t catch a break. Shares of Elon Musk’s rocket and AI company were down in premarket trading on Friday after the company scrubbed the thirteenth test of Starship. Musk said some of the engines didn’t start, triggering an automatic abort.

Stocks Slide as Selloff Extends Beyond Chips
Barrons.com71d agobearish
Stocks Slide as Selloff Extends Beyond Chips

The Nasdaq sunk 1.5%, while the S&P fell 1.2%. The Dow dropped 1%, or 547 points. "We end the week with risk-on morphing into risk-off as the selloff in global chipmakers intensifies and investor sentiment is hit by yet another day of attacks and counterattacks in the Middle East," Dave Rosenberg at Rosenberg Research said.