Nasdaq rebounds but posts fourth straight weekly decline amid AI trade uncertainty

Technology stocks saw gains on Friday, with the semiconductor index rallying 4.2 percent, according to bdnews24.com. Major tech companies like Nvidia, Advanced Micro Devices, and Sandisk posted significant increases, helping the Nasdaq Composite Index rise 1.1 percent by the end of the session.

Despite Friday's rebound, the Nasdaq recorded its fourth straight weekly decline, falling 3.4 percent for the week, bdnews24.com reported. The S&P 500 also dropped 2.7 percent, and the Dow Jones Industrial Average slipped 0.9 percent over the same period.

Investors are closely watching developments in the artificial intelligence (AI) sector, which has driven many US stock records this year but has recently experienced volatility. Experts quoted by bdnews24.com noted that AI remains a dominant theme in the bull market, with some viewing recent selloffs as potential buying opportunities.

The S&P 500 sectors showed mixed results, with information technology leading gains while consumer staples and healthcare lagged, bdnews24.com added. The broader market experienced its worst week in over a year, reflecting ongoing uncertainty about future trends in AI and technology stocks.