Reported 5 months ago
Stocks experienced a decline on Thursday, with the Dow Jones Industrial Average suffering its worst day in a year, dropping over 1.5%, or 600 points, due to concerns over interest rates despite Nvidia's strong earnings failing to boost the market. The tech-heavy Nasdaq Composite fell around 0.4%, while the S&P 500 dropped nearly 0.8%. Boeing's shares contributed to the Dow's decline, falling 7% after announcing delayed plane deliveries. Other chipmakers and AI-related stocks rose following Nvidia's positive results, but overall market sentiment was impacted by renewed worries about interest rates following Federal Reserve minutes and strong economic data.
Source: YAHOO