This week, the S&P 500 Index has dropped about 0.2%, the Dow Jones Industrial Average and NASDAQ are roughly flat, and the NASDAQ 100 Index has fallen about 0.2%; the PHLX Semiconductor Index has risen about 1.8%, the Bank Index has increased about 3.4%, the Biotechnology Index has declined about 1.5%, and the E-mini Russell 2000 Index has gained about 0.4%; the index of the seven major American technology stocks is roughly flat, while the 'Trump Tariff Losers Index' has risen about 0.2%. On Friday, the S&P 500 Index initially closed down 0.2%, the Telecom Sector fell 2.1%, the Materials and Technology Sectors dropped by at most 0.6%, and the Energy Sector rose about 1.3%. The NASDAQ 100 Index initially closed down about 0.5%, with constituent stocks AppLovin down 6%, Grail down 4.6%, Google A down 4.5%, KLA Corp, Applied Materials, and Meta down over 2%, while ON Semiconductor, AMD, Microchip Technology, and Micron Technology saw increases of up to 1.7%, PayPal rose 2.2%, Charter Communications and Apple were up 2.4%, and Mondelez International rose 3.1%. Walmart, Goldman Sachs, and Home Depot rose over 1%, leading the Dow components along with Apple, while NVIDIA fell 1.1%, ranking third from the bottom, Amazon dropped about 1.2%, and UnitedHealth fell 1.4%.

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