Top 20 transaction volume | The largest IT system failure in history caused CrowdStrike to plummet by more than 11%; Cryptos concept stocks collectively surged! MSTR soared more than 14%.

On Friday, Nvidia, the top trading volume stock on the US market, fell 2.61%, with a turnover of $25.85 billion; Tesla, the second top trading volume stock, fell 4.02%, with a turnover of $21.12 billion; CrowdStrike, the third top trading volume stock of the American cybersecurity software giant, fell 11.1%, with a turnover of $12.892 billion.

Sina Finance09:50

US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.

Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.

wallstreetcn09:32

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