BBX Weekly Market Watch | Nov 2–6 📊 1/2 | Chips slump. Big Tech diverges. Weekly returns: Dow −0.94% S&P 500 −2.68% Nasdaq −3.37% PHLX Semiconductor Index −12.15% SNDK −27.44% · MU −22.01% · NVDA −8.80% AMZN +7.88% · GOOGL +1.77% · MSFT +1.67% Wednesday’s election relief rally gave way to a sharp AI selloff as investors reassessed data-center policy, financing and construction risks. Chips rebounded Friday, recovering roughly one-third of Thursday’s point loss. The Nasdaq posted its fourth straight weekly decline.
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