This week, the S&P index fell by about 1.7%, the Dow by about 2.2%, the NASDAQ by 1.8%, the NASDAQ technology index by about 1.6%, the semiconductor index by about 3.6%, the bank index by about 3.5%, the small-cap stock index by about 4.3%, and the biotech index by about 2.6%. On Friday, the “Three Witches Day” of US stocks, the S&P 500 index initially closed up about 0.9%, while the real estate, utilities, finance, technology, raw materials, health care, and industrial sectors all rose more than 1%. The Nasdaq 100 index initially closed up 0.7%; the constituent stocks AppLovin and Grail rose 7%; Dekang Healthcare, Micron Technology, CrowdStrike, and Nvidia rose at least 2.8%; Tesla fell 3.3%; and ODFL fell 3.4%. The Dow initially closed up about 500 points. After 10 days of continuous decline, the longest number of consecutive days of decline since 1974, it rebounded for the second consecutive trading day.

Negotiations between the labor and management sides of Volkswagen Germany have reached an agreement.

Office of the Trade Representative of the USA: In the case of transgenic corn in Mexico, the trade dispute panel ruled in favor of the USA.