Business · Markets · 1 hr ago
US stocks fall Friday, but S&P 500 gains 2.5% for the week
US stocks fell on Friday as AI-focused technology shares dragged down the market.
The S&P 500 dropped 0.4% that day but rose 2.5% over the week, its first weekly gain since October.
The Nasdaq also ended the week higher for the first time in five weeks, while the Dow edged up on Friday.
Nvidia, Broadcom and AMD shares fell, adding to a turbulent week after Nvidia CEO Jensen Huang resigned and the company lost more than US$600 billion in market value.
The episode highlights how a small group of AI companies can sway the wider market, as investors question whether profits will justify the industry’s costly investments and high valuations.
More than 60% of S&P 500 stocks rose on Friday, but declines in major technology companies still weighed on the index.
The article gives no further market developments to watch for.
U.S. stocks fell Friday as declines in large AI-focused companies weighed on the market.
The S&P 500 dropped 0.4% but gained 2.5% for the week, its first weekly rise since October and biggest since August.
The Dow Jones Industrial Average rose 0.1%, while the Nasdaq Composite fell 0.9%.
More than 60% of S&P 500 stocks rose on Friday, despite weakness in major technology shares.
- Who
- U.S. stock markets and investors.
- What
- U.S. stocks fell Friday, while the S&P 500 recorded a 2.5% weekly gain.
- When
- Friday; the article was published on November 14, 2026.
- Where
- Wall Street and U.S. markets.
- Why
- A pullback in large AI-focused companies weighed on the market.
This story does not have two clearly opposing sides.
Major indexes swung as some of the largest AI companies pushed and pulled the market.
Nvidia CEO Jensen Huang resigned, according to the article.
U.S. stocks closed lower, while the S&P 500 ended the week up 2.5%.
- S&P 500 Friday move
- Fell 0.4% to 7,561.67
- S&P 500 weekly move
- Gained 2.5%
- Dow Jones Industrial Average
- Rose 0.1% to 52,347.55
- Nasdaq Composite
- Fell 0.9% to 25,136.27
- Nvidia market-cap loss
- More than US$600 billion during the week
What people are saying
Nvidia’s pullback serves as a reminder of the concentration risk embedded in a market where a small number of mega-cap technology stocks have driven an outsized share of returns.