U.S. stocks closed lower on Friday with all three major indexes down, the Philadelphia Semiconductor Index plunged over 7%, and Intel plummeted 28.58%.

BlockBeats news, October 31 - According to data from the BIT stock platform, U.S. stocks closed lower on Friday, with the Dow Jones Industrial Average initially down 1.09%, the S&P 500 Index down 1.82%, the Nasdaq down 2.86%, and the Philadelphia Semiconductor Index down 7.2%.

Intel (INTC.O) fell 28.58%, marking its worst single-day performance in at least four decades. SanDisk (SNDK.O) dropped 14.1%, Qualcomm (QCOM.O) fell 11.12%, AMD (AMD.O) declined 10.88%, Micron Technology (MU.O) decreased 5.3%, Nvidia (NVDA.O) fell 4.22%, Amazon (AMZN.O) dropped 1.41%, and Google (GOOGL.O) declined 1.4%.