Nasdaq Records Best Weekly Performance Since August

• Nasdaq fell 0.91%, Nvidia slid >2% after CEO exit • HSBC cut Nvidia to Hold; Cisco fell 6% • Weekly Nasdaq, S&P 500, Dow each gained ~2% Nasdaq slipped 0.91% to 7,561.67 as Nvidia fell >2% for a second day after Jensen Huang’s departure; HSBC downgraded the stock to Hold. The S&P 500 lost 0.4% while the Dow rose 0.1%. Cisco dropped 6% despite earnings beats. The three major indices posted their best weekly gains since early August, each up roughly 2%.