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Stock Market Today - U.S. Stocks Sink as Nasdaq Drops 4% Weekly | Tech & Shutdown Shock

Markets closed the week sharply lower as the Nasdaq Composite sank 1.74% to 22,652.26, suffering its worst week since April. The S&P 500 fell 1.01% to 6,652.30, slipping beneath its 50-day moving average for the first time in over six months. The Dow Jones Industrial Average declined 0.49% to 46,683.69, while the Russell 2000 matched the broader selloff with a 1.01% loss. The VIX jumped nearly 10% to 21.40, reflecting a clear risk-off tone across markets as investors digested surging layoffs, record-low sentiment, and a paralyzed federal government.

Stock market crash

The 2025 stock market crash was a major stock market crash in the United States which began on April 2, 2025 as a result of the worldwide tariffs put in place by US President Donald Trump. The crash is the largest decline in the US stock market since the COVID-19 pandemic.

Wall St Week Ahead: Investors watching US economic signs as market pulls back, tech teeters

The S&P 500 declined, now 2.4% below its record high due to investor concerns over economic health, especially amid limited government data stemming from the ongoing U.S. federal shutdown. The recent volatility was driven by tepid labor market reports and a pullback in tech stocks, which had previously surged on artificial intelligence momentum. The technology sector has dropped around 6% in the past week, highlighting growing skepticism about high valuations and fears of an 'AI bubble.'