U.S. Indices Decline, Nasdaq Drops 1.4%, Apple Surpasses NVIDIA Market Cap
2026-07-18 04:01

Woofun AI reports that U.S. equity markets closed lower on Friday, with the Dow Jones Industrial Average declining 0.77%, the S&P 500 falling 1.07%, and the Nasdaq Composite dropping 1.4%. Semiconductor and technology stocks showed mixed performance; Western Digital rose 2.23% and SK Hynix ADR gained 1.13%, while NVIDIA fell 2.21%, Meta Platforms dropped 2.79%, and SpaceX declined 5.43%. Apple closed up 0.14%, temporarily exceeding NVIDIA in market capitalization during the session. The Nasdaq Golden Dragon China Index decreased 1.82%, led by a 2% drop in Alibaba.

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