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The three major U.S. stock indexes closed collectively lower

The three major US stock indexes closed down collectively, with the Nasdaq index down 2.2% and falling 2.51% this week, the largest weekly decline since November last year; the S & P 500 index fell 1.71% and fell 1.66% this week, the largest weekly decline since mid-January; the Dow fell 1.69% and fell 2.51% this week, the largest weekly decline since late October last year. Large technology stocks fell, with Tesla, Nvidia, and Intel down more than 4%, Netflix, Google, and Amazon down more than 2%, Microsoft and Meta down more than 1%, and Apple fell slightly. Block Inc. (XYZ) fell more than 17%, the worst one-day performance since March 2020.