US stocks closed lower Friday. Dow Jones Industrial Average fell 0.51%, S&P 500 slipped 0.38% and Nasdaq Composite dropped 0.29%. Tesla (TSLA.O) slid 5.92%; Apple (AAPL.O) fell 2.51% and Microsoft (MSFT.O) lost 2.04%. AI-chip supply chain names ralli

2026-09-05

US stocks closed lower Friday. Dow Jones Industrial Average fell 0.51%, S&P 500 slipped 0.38% and Nasdaq Composite dropped 0.29%. Tesla (TSLA.O) slid 5.92%; Apple (AAPL.O) fell 2.51% and Microsoft (MSFT.O) lost 2.04%. AI-chip supply chain names rallied: SanDisk (SNDK.O) rose 11.9%, SK Hynix (SKHY.O) gained 8.14%, Micron Technology (MU.O) up 6.10% and Intel (INTC.O) up 4.51%. Nasdaq Golden Dragon China Index advanced 0.89%; Xpeng (XPEV.N) fell 1.75%, Baidu (BIDU.O) rose 4.07% and Alibaba (BABA.N) gained 1.26%.