Tech Stocks Lead Decliners, Nasdaq's YTD Loss 13%
- Brian Turner
- U.S.A. New York City
Tech stocks led the decliners for the third week in a row and U.S. indexes closed mixed. Nasdaq Composite fell 1.3% on Friday capping the weekly loss of 3.9% while the S&P 500 fell 0.3% and 1.3% respectively. Chipmakers led the weakness with persistent supply chain worries and growing threat of a recession. For the year, tech heavy Nasdaq and the S&P 500 are down 13.4% and 6.4% respectively.
Annual Returns
| Company | Ticker | 2026 | 2025 | 2024 |
|---|---|---|---|---|
| Tesla Inc | TSLA | 0% | -12% | 74% |
| Apple Inc | AAPL | -9% | 9% | 30% |
| NVIDIA Corporation | NVDA | 1% | 39% | 172% |
| Micron Technology Inc | MU | 0% | -3% | 5% |
| Alphabet Inc | GOOG | 5% | 65% | 35% |