Reported 14 days ago
US stocks experienced a downturn on Thursday as concerns over loan losses in regional banks and ongoing tensions in the US-China trade war weighed heavily on the market. The Dow Jones and S&P 500 both fell by approximately 0.6%, while the Nasdaq Composite lost 0.5%. Despite some gains in tech stocks like Nvidia following strong earnings from TSMC, fears about credit quality persisted, and investors turned to bonds and gold, which reached record prices.
Source: YAHOO