---
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/266433457.md"
description: "The S&P 500 Index initially closed down 0.8%, marking its fourth consecutive trading day of decline. The Nasdaq 100 Index initially closed down 1.1%. PDD fell over 7%, Home Depot fell 6%, Netflix rose 3.7%, Warner Bros. Discovery rose 3.8%, and Strategy rose 6.4%. The semiconductor index fell 2.1%, the bank index rose 0.5%, and small-cap stocks rose 0.5%"
datetime: "2025-11-18T21:00:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/266433457.md)
  - [en](https://longbridge.com/en/news/266433457.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/266433457.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/266433457.md) | [English](https://longbridge.com/en/news/266433457.md)


# 

The S&P 500 Index closed down 0.8% preliminarily, marking its fourth consecutive trading day of decline. The consumer discretionary sector fell 2.3%, the technology sector dropped 1.5%, the telecommunications sector rose 0.2%, and the energy sector increased by 0.7%.  
The Nasdaq 100 Index closed down 1.1% preliminarily. Among the constituents, PDD closed down over 7% preliminarily, followed by Marvell Technology, Micron Technology, Amazon, AMD, CrowdStrike, Arm Holdings, Microsoft, and NVIDIA, which fell between 5.2% and 2.6%. Netflix rose 3.7%, Warner Bros. Discovery increased by 3.8%, and MicroStrategy (MSTR) rose 6.4%.  
Home Depot closed down 6% preliminarily, leading the declines among Dow components along with Amazon, Microsoft, and NVIDIA, while VZ rose 1.1% and Merck increased by 4.1%.  
The semiconductor index fell 2.1%, the banking index rose 0.5%, and small-cap stocks increased by 0.5%

### 相關股票

- [PDD (PDD.US)](https://longbridge.com/zh-HK/quote/PDD.US.md)
- [Netflix (NFLX.US)](https://longbridge.com/zh-HK/quote/NFLX.US.md)
- [Warner Bros. Discovery (WBD.US)](https://longbridge.com/zh-HK/quote/WBD.US.md)
- [Home Depot (HD.US)](https://longbridge.com/zh-HK/quote/HD.US.md)

## 相關資訊與研究

- [Earnings Snapshot: PDD Holdings revenue rises 12% on marketing, transaction growth, but misses estimates](https://longbridge.com/zh-HK/news/280460136.md)
- [PDD Holdings Non-GAAP EPADS of $2.53 misses by $0.52, revenue of $17.72B misses by $390M](https://longbridge.com/zh-HK/news/280458024.md)
- [PDD Earnings: Temu Owner's Stock Pops despite Q4 Miss, Faces Hit from Investments](https://longbridge.com/zh-HK/news/280474073.md)
- [The Home Depot, Inc. $HD Shares Sold by Donaldson Capital Management LLC](https://longbridge.com/zh-HK/news/281149065.md)
- [China's PDD Holdings Q4 net income falls due to higher operating expenses](https://longbridge.com/zh-HK/news/280457117.md)