Huo Xing Finance reports that on October 31, according to data from the BIT stock platform, U.S. markets closed lower on Friday: the Dow Jones Industrial Average fell 1.09%, the S&P 500 dropped 1.82%, the Nasdaq Composite declined 2.86%, and the Philadelphia Semiconductor Index slid 7.2%. Intel (INTC.O) plunged 28.58%, marking its worst single-day performance in at least four decades. SanDisk (SNDK.O) fell 14.1%, Qualcomm (QCOM.O) dropped 11.12%, AMD (AMD.O) declined 10.88%, Micron Technology (MU.O) slid 5.3%, NVIDIA (NVDA.O) fell 4.22%, Amazon (AMZN.O) dropped 1.41%, and Google (GOOGL.O) declined 1.4%.
U.S. major indices fell on Friday, with Intel plunging 28.58%.
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Summary
On-chain data shows U.S. stocks closed lower on October 31, with the Dow down 1.09%, the S&P 500 at -1.82%, and the Nasdaq at -2.86%. The Philadelphia Semiconductor Index fell 7.2%. Intel (INTC.O) dropped 28.58%, its worst daily decline in four decades. SanDisk (SNDK.O) fell 14.1%, Qualcomm (QCOM.O) 11.12%, AMD (AMD.O) 10.88%, Micron (MU.O) 5.3%, and NVIDIA (NVDA.O) 4.22%. On-chain analysis reveals significant selling pressure in the technology sector.
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