The three major U.S. stock indexes closed down collectively, with the Nasdaq down 2.2% and down 2.51% this week, the largest weekly drop since November last year; the S&P 500 fell 1.71% and fell 1.66% this week, the largest weekly drop since mid-January; the Dow fell 1.69% and fell 2.51% this week, the largest weekly drop since late October last year. Large technology stocks fell across the board, with Tesla, Nvidia, and Intel falling more than 4%, Netflix, Google, and Amazon falling more than 2%, Microsoft and Meta falling more than 1%, and Apple falling slightly. Block Inc. (XYZ) fell more than 17%, the worst single-day performance since March 2020.