US stocks close mixed; Nasdaq 100 and S&P 500 post fourth straight weekly decline

Cointime reports: On November 7, the three major US stock indexes closed mixed, with the Dow down 0.46%, the Nasdaq up 1.09% and the S&P 500 up 0.32%. For the week, the Dow fell 0.94%, the Nasdaq 3.37% and the S&P 500 2.68%, while the Nasdaq 100 dropped 4.91%, notching a fourth consecutive weekly decline for both the Nasdaq 100 and S&P 500 — their longest losing streaks since March. Chip stocks rebounded Friday, with the Philadelphia Semiconductor Index up 4.2%, AMD up more than 11% and Intel up more than 7%.