The S&P 500 just posted its biggest weekly decline since April 2025, even after today's bounceS&P -2.7% on the w…
The S&P 500 just posted its biggest weekly decline since April 2025, even after today's bounce
S&P -2.7% on the week to 7,377. Nasdaq -3.4% for a 4th straight weekly drop. The chip index -12.2%Friday itself was a partial clawback. Nasdaq +1.1% to 24,579, S&P +0.3%, Dow -0.5% to 51,286Chips led the rebound. $AMD(AMD.US) +11%, $Intel(INTC.US) +7.7%, $Taiwan Semiconductor(TSM.US) +6.3%, $Micron Tech(MU.US) +5.1%, $Arm(ARM.US) +4.7%, $NVIDIA(NVDA.US) +2.8%, SOX +4.2%. $IREN(IREN.US) jumped 20% on earningsThe VIX fell 9% to 25.64 after Thursday's spike to 28.18. The 10-year yield held near 4.86% after October jobs +165K put a December hike back near 80% oddsWTI settled at $90.83, up 0.3% on the day but still about -13% for the week. Bitcoin flat near $75.8KOne green session after the worst AI wipeout since Covid does not unwind a week that just repriced what data centers are allowed to cost, and what the crowded winners of 2026 are still worthSource: StockMarket.News
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