Hasta La Vista, Baby
Alex Harring and Yun Li of CNBC report Nasdaq falls more than 2% to post 6th straight losing day as Nvidia craters 10%: The Nasdaq Composite fell for a sixth straight session on Friday, notching its longest losing streak in more than a year. The downtrend comes as Nvidia dived, adding to recent market woes tied to geopolitical conflicts and sticky inflation. The tech-heavy Nasdaq pulled back 2.05% to 15,282.01, while the broad S&P 500 slipped 0.88% to 4,967.23 — below the 5,000 level. Both clinched their sixth straight negative days, streaks not seen for either since October 2022. The Dow Jones Industrial Average rose 211.02 points, or 0.56%, to finish at 37,986.40. The 30-stock index was lifted by a rally of more than 6% in American Express following earnings . Netflix retreated more than 9% even after quarterly earnings beat on the top and bottom lines. The streamer’s subscribers jumped 16% from the previous year, but it said it would no longer report paid memberships sta