Nasdaq rebounds 1.09% but logs fourth straight weekly decline

Nasdaq rebounds 1.09% but logs fourth straight weekly decline

US tech stocks rebounded on Friday, lifting the Nasdaq 1.09% to 24,579.43 points, though the index still posted a fourth consecutive weekly decline. The S&P 500 rose 0.32% to 7,376.92, while the Dow Jones Industrial Average fell 0.46% to 51,286.21. Semiconductor shares led the gains, with Nvidia, Advanced Micro Devices and Sandisk recovering. October payrolls beat expectations and unemployment fell.

Source: Moneycontrol

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