U.S. stock indices recorded their largest losses in 10 days, with Nasdaq experiencing the highest decline.
The U.S. stock indices experienced significant losses during trading on Friday, with the main indices on Wall Street recording their largest losses in 10 days following the return from the holiday and the release of negative data on the trade balance in the United States, which showed a higher-than-expected increase in the trade deficit during November.
In terms of trading performance, the U.S. stock indices were as follows:
- The Dow Jones 30 Dow Jones industrial average fell by 1% or 420 points to record 42,917.18 points.
- The S&P 500 S&P declined by 1.38% or 83.84 points to 5,953.51 points.
- The Nasdaq 100 Nasdaq heavy in technology stocks dropped by 0.47% or 396.95 points, recording 19,624.25 points.
- The Russell 2000 Russell index for small U.S. companies fell by 1.45% or 33.07 points to register 2,247.10 points.
- The main volatility index on Wall Street VIX recorded its highest increase in 10 days, rising by 20.2% to reach 17.62 points.
Among the biggest individual stock losses during today's session, technology companies led the decline, with Super Micro Computer (NASDAQ: SMCI) shares down by 5.3%, as well as losses in Tesla (NASDAQ: TSLA) shares which fell by about 4.5%.