US Closing Bell | Stocks slide as tech sell-off drags Nasdaq down 0.9%

US Closing Bell

09/29

Market

September 29, U.S. stocks closed lower after a broad technology retreat pressured all three major averages. The Dow Jones Industrial Average fell 0.67%, the S&P 500 dropped 0.77% and the tech-heavy Nasdaq Composite slid 0.92% as investors digested surging Treasury yields and cautious guidance from several high-growth companies.

Chipmakers led the decliners. Advanced Micro Devices fell 3.61% and Intel lost 5.67% after a brokerage downgraded the sector on demand concerns, while Micron Technology skidded 2.61% despite posting solid quarterly revenue. Tesla retreated 3.94% as analysts flagged rising EV competition. Meta Platforms slid 4.79% and Amazon.com declined 1.41%, extending this week’s mega-cap pullback. MongoDB tumbled 18.46% following a disappointing outlook, and Arm Holdings sank 8.70% as post-IPO volatility persisted. Bucking the trend, Nvidia added 1.68% on reports of robust AI chip orders.

Smaller tech and China ADRs showed extreme swings. Direxion’s SOXS bear semiconductor ETF jumped 6.17%, while its bullish counterpart SOXL fell 6.05%. Viomi Technology soared 17.78% and Kandi Technologies surged 39.46% on thin volumes, whereas VNET Group fell 9.94% and Cango rallied 19.90%. NetEase advanced 4.88% on strong game launch expectations, but XPeng slipped 1.68% amid fresh price-cut speculation.

News

No qualifying event-driven U.S. market news items were available from the source within the past 12 hours. The section will be updated once new information is provided by the official feed.

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The section will be updated once new information is provided by the official feed.</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LCLG","symbol_name":"Logan Capital Broad Innovative Growth ETF","start_time":0,"source_url":"","article_id":"1197445261","we_media_id":"1077547174","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1197445261","pubTimestamp":1790626213,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"US Closing Bell","introduction":"A wrap-up of U.S. market action and key movers at the close.","home_visible":1,"id":"1077547174","head_image":"https://community-static.tradeup.com/news/dc24f39ba304ead386fda190e17ca1b6"},"summary":"MarketSeptember 29, U.S. stocks closed lower after a broad technology retreat pressured all three major averages. The Dow Jones Industrial Average fell 0.67%, the S&P 500 dropped 0.77% and the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LCLG":"Logan Capital Broad Innovative Growth ETF"},"translate_title":"美国收盘钟声 | 科技股抛售拖累纳斯达克股市下跌 0.9%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LCLG":1,"NQmain":1},"content_text":"MarketSeptember 29, U.S. stocks closed lower after a broad technology retreat pressured all three major averages. The Dow Jones Industrial Average fell 0.67%, the S&P 500 dropped 0.77% and the tech-heavy Nasdaq Composite slid 0.92% as investors digested surging Treasury yields and cautious guidance from several high-growth companies.Chipmakers led the decliners. Advanced Micro Devices fell 3.61% and Intel lost 5.67% after a brokerage downgraded the sector on demand concerns, while Micron Technology skidded 2.61% despite posting solid quarterly revenue. Tesla retreated 3.94% as analysts flagged rising EV competition. Meta Platforms slid 4.79% and Amazon.com declined 1.41%, extending this week’s mega-cap pullback. MongoDB tumbled 18.46% following a disappointing outlook, and Arm Holdings sank 8.70% as post-IPO volatility persisted. Bucking the trend, Nvidia added 1.68% on reports of robust AI chip orders.Smaller tech and China ADRs showed extreme swings. Direxion’s SOXS bear semiconductor ETF jumped 6.17%, while its bullish counterpart SOXL fell 6.05%. Viomi Technology soared 17.78% and Kandi Technologies surged 39.46% on thin volumes, whereas VNET Group fell 9.94% and Cango rallied 19.90%. NetEase advanced 4.88% on strong game launch expectations, but XPeng slipped 1.68% amid fresh price-cut speculation.NewsNo qualifying event-driven U.S. market news items were available from the source within the past 12 hours. 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