All three main U.S. equity indexes gapped down at Friday's opening bell to extend a sell-off driven by suspicions about an AI bubble. But the Nasdaq Composite almost immediately bounced into positive territory, as dip-buyers took advantage of weakness in tech-related stocks. The S&P 500 and the Dow Jones Industrial Average resumed their uptrends too, though all three faded late and closed below their intraday highs.
Nvidia (NVDA) is arguably the most important of the 30 Dow Jones stocks. But Goldman Sachs (GS) has the biggest dollar figure attached to its ticker, so the financial stock accounts for more in the price-weighted index.
