Reported 10 months ago
U.S. stocks, including the S&P 500, Dow Jones Industrial Average, and Nasdaq composite, closed the week with minor fluctuations as Nvidia's stock continued to cool from its recent surge. Nvidia's stock fell 3.2%, marking its first losing week in nine, after soaring over 1000% since October 2022. Aside from Nvidia, other notable movements included Sarepta Therapeutics jumping 30.1% after FDA approval and Smith & Wesson Brands declining despite stronger profits. European and Asian markets also saw losses, reflecting concerns about economic activity and inflation pressures.
Source: YAHOO