{"id":17797,"date":"2026-06-07T04:51:40","date_gmt":"2026-06-06T20:51:40","guid":{"rendered":"https:\/\/linkpgm.com\/black-friday-plays-out-as-tech-chips-and-midcaps-go-down-across-the-board\/"},"modified":"2026-06-07T04:52:12","modified_gmt":"2026-06-06T20:52:12","slug":"black-friday-plays-out-as-tech-chips-and-midcaps-go-down-across-the-board","status":"publish","type":"post","link":"https:\/\/linkpgm.com\/en\/black-friday-plays-out-as-tech-chips-and-midcaps-go-down-across-the-board\/","title":{"rendered":"Black Friday plays out as tech, chips, and midcaps go down across the board"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">June 5 closing, the three major U.S. stock indexes all closed down, the Dow Jones fell 1.35%, at 50,866.78 points, the S&amp;P 500 plunged 2.64%, at 7,383.74 points, the Nasdaq closed at 25,709.43 points. <br\/>From the weekly performance point of view, the Dow closed down slightly 0.32%, the S&amp;P retreated 2.59% for the whole week, and the Nasdaq plunged 4.68% in a single week, within a week, the U.S. stock bulls suffered back-to-back blows. <br\/>The leading U.S. technology stocks went out collectively, and none were spared. Tesla, Nvidia fell more than 6%, Meta plunged more than 5%, Amazon fell more than 3%, Microsoft, Apple, Google in turn weakened, once held up the U.S. stock market bull market hugging plate, become the first choice of capital sell-off. <br\/>The most tragic when the chip track, Philadelphia Semiconductor Index single day wildly fell 10.26%, hit a stage of rare plunge. Mai Weir Technology plunged more than 16% to lead the market, Micron, ARM fell nearly 13%, Intel, Qualcomm, AMD synchronized plunge of more than 11%, Broadcom fell nearly 8%, TSMC dipped more than 6%, the semiconductor industry chain rout. <br\/>Chip crash collapsed along the way with the collapse of the optical communications sector, Nokia fell more than 13%, Coherent, Corning fell more than 10%, Lumentum fell more than 8%. <br\/>Panic quickly spilled over and spread to the Chinese market, the Nasdaq China Golden Dragon Index fell 3.54% in a single day. Atlas Solar plunged nearly 12%, Pony Intelligence nearly 10% down, Baidu, CenturyLink, JinkoSolar fell more than 9%, Wo Sai technology, Kingsoft cloud fell equally high. <br\/>The stock market is wailing at the time, precious metals failed to carry the flag of hedge. <br\/>Gold fell in a single day after the week fell to 5.21%, silver plunged 10.39% in a single week, gold and silver synchronized weakness.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>June 5 closing, the three major U.S. stock indexes all closed down, the Dow Jones fell 1.35%, at 50,866.78 points, the S&amp;P 500 plunged 2.64%, at 7,383.74 points, the Nasdaq closed at 25,709.43 points. From the weekly performance point of view, the Dow closed down slightly 0.32%, the S&amp;P retreated 2.59% for the whole week, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":17792,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[416],"tags":[],"class_list":["post-17797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-news"],"_links":{"self":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts\/17797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/comments?post=17797"}],"version-history":[{"count":1,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts\/17797\/revisions"}],"predecessor-version":[{"id":17798,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts\/17797\/revisions\/17798"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/media\/17792"}],"wp:attachment":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/media?parent=17797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/categories?post=17797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/tags?post=17797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}