Reported about 1 month ago
The stock market saw a decline led by technology shares on Wednesday, with the Dow Jones, S&P 500, and Nasdaq Composite falling ahead of Nvidia's earnings report, which is considered pivotal for market confidence. Despite Nvidia exceeding Wall Street's revenue and earnings estimates, its shares dropped approximately 4% after hours. Other tech stocks, including Microsoft and Amazon, also slid, while the retail sector faced challenges, evidenced by significant drops in shares of Abercrombie & Fitch and Foot Locker.
Source: YAHOO