Stock market today: Tech leads stock slide, Nvidia falls almost 4%

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 7 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Corporate Earnings News

Nasdaq Composite

Investors have put rate-cut worries on the backburner to focus on earnings season instead.

US stocks fell on Wednesday, struggling to mount a comeback as investors' interest rate worries coincided with a fresh slate of corporate earnings . After all three major indexes started the day in the green, the S&P 500 ended down about 0.6%. The Dow Jones Industrial Average lost a more modest 0.1%. Meanwhile, the tech-heavy Nasdaq Composite led the losses, falling over 1%. Big Tech drove the market action, with Nvidia falling almost 4% and Meta sliding over 1%.

the largest supplier of equipment to chipmakers worldwide, missed order estimates, though its sales to China held up amid US curbs.

Nasdaq Composite

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Samsung Still Lacking in AI Investors’ Eyes After Nvidia Boost(Bloomberg) -- A surprise endorsement from Nvidia Corp. may have excited some investors over the prospects for Samsung Electronics Co. to catch up in the...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Samsung Still Lacking in AI Investors’ Eyes After Nvidia BoostA surprise endorsement from Nvidia Corp. may have excited some investors over the prospects for Samsung Electronics Co. to catch up in the artificial intelligence race, but others remain unconvinced.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Nvidia stock slides in premarket trading after unveiling new AI chipNvidia shares dipped in premarket trading after the dominant AI chip supplier unveiled its latest flagship product that is expected to further cement its lead in the industry.
Source: GlobalCalgary - 🏆 50. / 61 Read more »

Nvidia CEO Becomes Stock Kingmaker by Name-Dropping Dell, AnsysNvidia Corp. Chief Executive Officer Jensen Huang’s highly anticipated keynote failed to move the needle for his stock. But it turned out to be good for many of the company’s customers and partners.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Stock markets, Nvidia close day higher amid GTC eventThe three major stock indices (^DJI, ^IXIC, ^GSPC) are feeling festive, capping off Monday's trading session in the green the day after St. Patrick's Day...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Nvidia stock pops as Citi opens 90-day upside catalyst watchShares of Nvidia (NVDA) are trading higher on Monday after analysts at Citigroup (C) initiated a 90-day upside catalyst watch on the stock. Citi's analysts...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »