This week, S&P dropped 0.4%, the Dow down 1.5%, and the NASDAQ down 0.5%. The Philadelphia Semiconductor Index rose 0.6%, the memory chip index fell 1.2%, the Big Seven Technology Companies fell 0.1%, and the Interest Rate Cut Winners Index fell 3.7%. On the day the US CPI inflation data was released on Friday, the S&P 500 index initially closed up 0.8%. The telecommunications, technology, and industrial sectors rose at least 1%, and the utilities sector fell 0.3%. The Nasdaq 100 index was roughly flat. Among the constituent stocks, ADI closed up 4.7%, NXP up 4.5%, Cisco 4.3%, Texas Instruments up 3.7%, Qualcomm 2.8%, Intel 2.6%, SpaceX 2.2%, Google A 1.9%, Apple 1.8%, Nebius Group down 1.6%, Pietuo PANW 2.3%, Western Digital fell 3.6%, and Seagate Technology fell 3.7%.

This week, S&P dropped 0.4%, the Dow down 1.5%, and the NASDAQ down 0.5%. The Philadelphia Semiconductor Index rose 0.6%, the memory chip index fell 1.2%, the Big Seven Technology Companies fell 0.1%, and the Interest Rate Cut Winners Index fell 3.7%. On the day the US CPI inflation data was released on Friday, the S&P 500 index initially closed up 0.8%. The telecommunications, technology, and industrial sectors rose at least 1%, and the utilities sector fell 0.3%. The Nasdaq 100 index was roughly flat. Among the constituent stocks, ADI closed up 4.7%, NXP up 4.5%, Cisco 4.3%, Texas Instruments up 3.7%, Qualcomm 2.8%, Intel 2.6%, SpaceX 2.2%, Google A 1.9%, Apple 1.8%, Nebius Group down 1.6%, Pietuo PANW 2.3%, Western Digital fell 3.6%, and Seagate Technology fell 3.7%.