Movements in the indices were marginal on the American stock exchanges on Friday. The Dow Jones industrial index closed unchanged, while the broad S&P 500 index and the technology-heavy Nasdaq composite index both fell by 0.2 per cent.
Chip giant Nvidia, whose share has risen by more than 1,000 per cent since October 2022, fell for the second day in a row, now by 3.2 per cent.
Falling was also the case for arms manufacturer Smith & Wesson, despite the company reporting higher profits than analysts had predicted for the latest quarter. The share fell by 12.9 per cent. CEO Mark Smith sought an explanation in the fact that arms sales normally decrease during the summer.
Calculated over the entire past week, the Dow Jones rose by 1.6 per cent, the S&P 500 by 0.8 per cent, and the Nasdaq by 0.4 per cent.
