Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
P2P Loan
Grow your wealth in fiat investment
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
2026 World Cup
Rewards

U.S. Stock Indexes Close Lower on May 16, Nasdaq Falls 1.54% as Tech Stocks Decline

GateNews
StocksIndices

According to Jin10, on May 16, U.S. stock markets closed lower, with the Dow Jones Industrial Average declining 1.07%, the S&P 500 falling 1.24%, and the Nasdaq Composite dropping 1.54%. Technology stocks showed significant weakness, with Micron Technology (MU) down 6.62%, Intel (INTC) down 6.18%, Nvidia (NVDA) down 4.42%, and Tesla (TSLA) down 4.75%.

The Nasdaq China Golden Dragon Index (China-listed stocks on U.S. exchanges) fell 2.8%, with Baidu (BIDU) down 5.56% and Alibaba (BABA) declining over 6%.

View Source
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

05-15 20:31
U.S. Industry ETFs Fall Broadly on Friday; Semiconductors Drop 3.80%, Energy Gains 2.36%
05-15 20:03
U.S. Stock Market Closes Lower, with Nasdaq Down 1.54% and Tech Stocks Declining Significantly on May 15
05-15 14:01
Nvidia and Tech Stocks Fall 3.93% and More Following Trump China Visit
05-15 13:34
U.S. Stock Indexes Fall on Opening, Dow Down 0.66% Amid AI Chip Sell-Off
05-15 08:20
Hong Kong Stocks Fall on May 15; Hang Seng Index Down 1.62%, Tech Index Down 2.66%
In-Depth Analysis

SHIB Price Stays Firm Despite Weak Momentum Near Resistance

Crypto News Land05-16 17:36

Goldman Sachs warns the stock market will “crash upward”; the tech stocks rally isn’t over yet

ChainNewsAbmedia05-15 01:14

Intel Stock Falls 6.82% on May 12 Amid Apple Talks

Crypto Frontier05-13 12:51
Comment
0/400
No comments