Dow, Nasdaq and Nvidia
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AI pioneer Nvidia was again the heaviest weight on the market. The chipmaker's drop of 3.2% brought its loss for the month to nearly 11%, putting it in "correction" territory, or when a stock falls at least 10% from its previous high. The company is scheduled to report is third-quarter financial results on Wednesday.
Shares of Dow Inc. slid 5.49% to $21.67 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.92% to 6,672.41 and Dow Jones Industrial Average falling 1.
The seemingly sturdy U.S. stock market has begun to wobble. Its months-long tech-driven rally may be running out of steam amid broader uncertainty about the U.S. economy’s outlook.
One Fed governor calls for a rate cut, while another says the central bank should proceed slowly
Dow, S&P 500, and Nasdaq futures are falling in premarket trading as the stock market turns away from risk assets ahead of key data.
The S&P 500 on Monday afternoon was threatening to bust through a closely watched support level as stock losses extended an unraveling in the final hour of trading. Concerns about popular tech trades,
Stock futures pointed lower Tuesday after the three major indexes sold off to begin the week. Futures associated with the blue-chip Dow Jones Industrial Average, benchmark S&P 500