Major US stock indices close lower on the day led by the NASDAQ index | Forexlive

MicroStrategy: Down 9.94%
Palantir: Down 7.81%
Shopify: Down 6.50%
Super Micro Computer: Down 5.68%

The major U.S. stock indices ended the day with significant declines, with broader indices bearing the brunt of the selloff, led by the NASDAQ.

Nvidia shares dropped 6.22%, retreating sharply after hitting a record intraday high shortly after the open. Other notable losses included:

These declines highlight a challenging session for tech and growth-focused stocks.

A snapshot of the closing levels shows:

Dow Jones Industrial Average: Down 178.20 points (-0.42%) at 42,528.36
S&P 500 Index: Down 66.35 points (-1.11%) at 5,909.03
NASDAQ Composite: Down 375.30 points (-1.89%) at 19,489.68
Russell 2000 (Small-Cap Index): Down 16.84 points (-0.74%) at 249.80