U.S. stocks close, Nasdaq declines for the third consecutive day, with a weekly drop of nearly 4%

ChainCatcher reports that, according to Gate market data, U.S. stocks closed lower on Thursday, with the Dow Jones Industrial Average initially down 1.2%, the S&P 500 index down 1.2%, and the Nasdaq Composite down 1.59%. The latter two indices have declined for three consecutive trading days, with the Nasdaq falling nearly 4% this week. Tesla (TSLA.O) dropped 2% on Thursday, Nvidia (NVDA.O) fell over 1%, and Oracle (ORCL.N) declined 7%. The Nasdaq China Golden Dragon Index closed up 0.9%, Dingdong Maicai (DDL.N) fell 14%, and NIO (NIO.N) rose 6%.