The three major U.S. indices rose this week, while Nvidia fell 13% for the week, with over $573 billion in market value wiped out.

BlockBeats news, November 14 - According to data from the BIT stock platform, the three major U.S. stock indices rose this week: the Dow Jones Industrial Average gained 2.07% for the week, the Nasdaq rose 2.27% for the week, and the S&P 500 index rose 2.51% for the week.

Nvidia's closing market capitalization fell below the $4 trillion mark, with a weekly decline of 13%, and its market value evaporated by more than $573 billion this week. Nvidia fell for the sixth consecutive week, setting its longest weekly losing streak since 2012, with cumulative declines exceeding 30%.