All three major U.S. stock indexes closed slightly lower, with GameStation plunging more than 39 percent for its biggest drop in three years
All three major U.S. indices closed slightly lower, with the Nasdaq down 0.23%, up 2.38% for the week; the Dow down 0.22%, up 0.29% for the week; and the S&P 500 down 0.11%, up 1.32% for the week. Most of the large technology stocks fell, Google, Nifty fell more than 1%, Tesla, Nvidia, Microsoft, Amazon, Meta rose slightly; Intel, Apple rose more than 1%. GameStop plunged more than 39%, its biggest drop in three years. The company's Q1 revenue of $882 million fell short of the $1.237 billion reported in the same period a year ago and missed estimates of $995.5 million.
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