The declines in the major indices were symmetrically worse going from the Dow, to the S&P to the Nasdaq. Rounding, the Dow fell -1.00%, the S&P fell -1.50%, and the Nasdaq fell by -2.00%.

All three indices also closed below its 200 day MA this week.

• The Dow 200 day MA is at 46562. The index closed at 45577.47
• The S&P 200 day MA is at 6621.73. The index closed at 6506.48
• The Nasdaq 200 day MA is at 22248.94. The index closed at 21647.61

For the trading week:

• Dow fell -2.11%
• S&P fell -1.90%
• Nasdaq fell -2.07%

Super Micro Computer tumbled on the back of charges from the Justice Department of smuggling Nvidia chips to China. From the gainers oil is higher by 2.8% and so are oil stocks led by Occidental, Exxon .