Japan’s Nikkei 225 fell 5.96 percent to 57,435 on Friday, its worst session of the week and a weekly fall of 11.17 percent. No single driver for the Tokyo fall appears in today’s reporting. It extends the Asian leg of the chip-led selloff that today’s semiconductors story tracks through the week.
US semiconductors rose 3.51 percent to 136.53 dollars and Nvidia rose 2.78 percent to 186.64 dollars, the first firm bounce after the correction that began earlier in the week. The weekly figures still govern the picture, with semiconductors down 13.13 percent and Nvidia down 8.8 percent. Today’s semiconductors story carries the Friday tape, and a companion story on Ramp data shows corporate AI spending growth stalling even as usage volumes rise.
Tesla rose 4.23 percent to 358.22 dollars alongside the chip bounce, trimming a weekly fall of 10.4 percent. No company-specific driver appears in today’s reporting; the stock moved with the names hit hardest earlier in the week, as the semiconductors story records.
Uranium miners rose 4.39 percent, the strongest mining group on Friday, against a weekly fall of 4.12 percent. No clear single driver appears in today’s reporting. The mining roundup notes continued corporate interest in North American uranium projects, including Canadian Uranium’s acquisition-led Athabasca strategy.
Silver miners rose 2.63 percent and gold miners 2.16 percent on Friday, extending weekly gains of 11.38 and 13.63 percent. The miners tracked the week’s metal gains recorded in today’s commodities roundup: gold futures eased 0.94 percent on the day but held a 4.51 percent weekly gain, and silver futures held a 5.51 percent weekly gain.
Germany’s DAX fell 1.92 percent to 25,820.4, moving against the US bounce and closing the week almost flat. No clear single driver appears in today’s reporting.
Read together, the week ends defensive. The only sustained gains sit in precious metals and their miners, and the deepest losses sit in the AI-linked names, while Friday’s US bounce recovered a fraction of the week’s fall. Rates argue against treating the bounce as an all-clear: the 10 year Treasury yielded 4.86 percent at Friday’s close, up 2.2 basis points on the day, and Federal Reserve speakers split on Friday between further tightening and patience after October payrolls rose 165,000, as today’s Fed speakers story reports. With no trading until Monday, the correction and the policy argument both carry into next week unresolved.