S&P 500 and Nasdaq Decline as Nvidia Slips from Record Highs

Reported 10 months ago

On Thursday, two major stock indexes, S&P 500 and Nasdaq, decreased after reaching record highs earlier in the day. Nvidia, after a record-breaking surge that made it the world's most valuable public company, experienced a decline. While the S&P 500 lost around 0.2%, the Nasdaq Composite slid almost 0.8%, and the Dow Jones Industrial Average rose by roughly 0.7%. The stock market's growth this year, driven by excitement over AI technology, was notably influenced by Nvidia's performance, despite its more than 3% decline on Thursday, although the stock remains up over 170% for the year so far.

Source: YAHOO

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