Nasdaq, S&P 500, Russell 2000 jump, Dow Jones down at US Stock Market, check top performing Wall Street stocks

Nasdaq, S&P 500, Russell 2000 on Friday made gains even as Dow Jones Industrial Average was down. S&P 500 rose 23.13 points, or 0.3 per cent, to 7,376.86, Dow Jones Industrial Average fell 237.33 points, or 0.5 per cent, to 51,285.73, Nasdaq composite rose 264.43 points, or 1.1 per cent, to 24,579.42, Russell 2000 rose 24.22 points, or 0.9 per cent, to 2,754.11.

For the week, S&P 500 was down 203.21 points, or 2.7 per cent, Dow Jones was down 484.58 points, or 0.9 per cent, Nasdaq was down 857.57 points, or 3.4 per cent, Russell 2000 was down 57.74 points, or 2.1 per cent.

Nvidia rose 2.8 per cent, Advanced Micro Devices or AMD stock price jumped 11 per cent and Sandisk rebounded almost 4 per cent. Shares within the sector opened strongly and held much of their gains, with the Nasdaq ending up 1.1 per cent.


Tesla rose 4.2 per cent and SpaceX jumped 8.6 per cent. Airbnb climbed 12 per cent.

IREN stock price jumped 20 per cent, Lam Research shares climbed 8.2 per cent, Axon Enterprise tumbled 18.2 per cent, Charter Communications sank 6.2 per cent.

Nasdaq, S&P 500

Keith Lerner, chief investment officer at Truist Advisory Services said he views the selloff this week, which has taken the Nasdaq into correction territory denoting a 10 per cent decline from its peak a month ago, as likely offering a longer-term buying opportunity for many investors. For the week, the Nasdaq declined 3.4 per cent, the S&P dropped 2.7 per cent and the Dow slipped 0.9 per cent, Reuters reported.

The S&P 500 sectors were mixed, with information technology leading gains and consumer staples and healthcare lagging. The benchmark index had its worst week in more than a year.