US equities this week: AI chip slide grabs focus as rest of market holds up
U.S. stock markets stayed closed Saturday, so investors looked back on a mixed week. The S&P 500 ended down, but Friday’s internals pointed higher. Advancers led decliners in the S&P 500 by 1.8-1, with 35 stocks notching new highs and only five setting new lows. On the Nasdaq, 263 stocks hit highs while 169 hit lows. Overall U.S. trading volume ran to 30.1 billion shares, topping the 20-day average of 23.1 billion.