Reported 5 months ago
Stocks in the stock market today slid, with the Dow suffering its worst day in a year, as Nvidia's strong earnings failed to boost the market. The Nasdaq Composite fell about 0.4%, the S&P 500 dropped nearly 0.8%, and the Dow Jones Industrial Average dipped over 1.5%, with Boeing's shares declining 7%. Nvidia's shares rose over 9%, exceeding $1,000 for the first time, but the broader market did not follow suit. Concerns about interest rates dominated investor sentiment, with economic data showing an acceleration in business activity despite the Federal Reserve's efforts to curb price pressures.
Source: YAHOO