04:43 PM EDT, 07/19/2024 (MT Newswires) -- US equity indexes ended the week mixed as geopolitical concerns weighing on mega-cap chipmakers helped the sharply increased bets for an interest-rate cut in September broaden market leadership to value-orientated areas.

* The Dow Jones Industrial Average ended at 40,287.53 on Friday versus 40,000.90 a week ago. The Nasdaq Composite closed at 17,726.94 versus 18,398.44 a week prior. The S&P 500 ended at 5,505.0, compared with 5,615.35 a week earlier.

* Wednesday was Nasdaq's worst day since 2022 as the tech-heavy index sank 2.8% amid a sell-off in semiconductor stocks following reports that the US may impose tighter export restrictions.

* ASML ( ASML ) could be targeted with the most severe US trade restrictions if it continues providing China with access to advanced semiconductor technology, a report from Bloomberg cited people familiar with recent discussions. ASML ( ASML ) was down 17% at the close on Friday, the steepest decline among 13 technology firms with a market capitalization of over $200 billion.

* Taiwan Semiconductor Manufacturing ( TSM ) slumped 11% for the week after Donald Trump, former US president, told Bloomberg Businessweek that Taiwan should pay the US for its defense as "it doesn't give us anything."

* Of the 13 heavyweights, all but one company, Accenture ( ACN ) , ended the week lower, making technology the worst-performing second for the week and the month. Chart-topping sectors were financials, where earnings were in the spotlight this week, and real estate, which would also stand to benefit directly when the Federal Reserve begins easing policy.

* The probability of an interest-rate cut in September was 94% as of Friday afternoon versus 62% a month ago, according to the CME Group's FedWatch Tool.