Nasdaq Composite falls 0.91% as tech stocks retreat
Published on 11/13/2026 at 22:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSNasdaq ends week under tech pressure
- The Nasdaq Composite closed Friday at 25,136.27 points, down 229.82 points, or 0.91 percent, from Thursday.
- Technology stocks weakened as Nvidia remained under pressure following Jensen Huang's resignation.
- The index still gained 2.3 percent over the week, according to the Associated Press.
The Nasdaq Composite closed Friday, November 13, at 25,136.27 points. That was 229.82 points, or 0.91 percent, below Thursday's close of 25,366.09, according to the Associated Press. The decline came after the technology-heavy index had advanced in the previous sessions.
Technology shares lead the decline
Technology stocks were the main source of pressure. The Associated Press said Nvidia shares fell again after the resignation of chief executive Jensen Huang, while Treasury yields rose and oil prices were little changed. The move followed a turbulent session on Thursday, when Nvidia's leadership change had already unsettled parts of the artificial-intelligence trade.
Kiplinger reported that the Producer Price Index rose 0.3 percent from September to October, below the 0.4 percent forecast, but increased 6.5 percent year over year. The publication also noted that expectations for a Federal Reserve rate increase in December had risen. Higher interest-rate expectations can weigh particularly heavily on the valuations of growth-oriented technology companies.
Weekly performance remains positive
Despite Friday's retreat, the Nasdaq Composite gained 556.85 points, or 2.3 percent, over the week, based on the Associated Press figures. The S&P 500 also ended Friday lower, while the Dow Jones Industrial Average rose modestly. The broader market therefore finished the week with gains even as investors reassessed technology valuations, inflation and the outlook for monetary policy.
For investors, the session highlighted the index's sensitivity to large technology companies and to changes in rate expectations. Nvidia's leadership turmoil added a company-specific source of uncertainty to broader concerns about inflation and bond yields.
More coverage is available on the Nasdaq Composite topic page.
