Reported 2 days ago
On Monday, US stocks experienced a downturn with the S&P 500 and Nasdaq slipping from record highs, driven by a significant drop in Nvidia shares following a Chinese antitrust investigation. The Dow Jones Industrial Average fell by 0.5%, while the S&P 500 and Nasdaq both decreased by 0.6%. Investors are also bracing for an upcoming consumer inflation report, which will influence the Federal Reserve's interest rate decisions. Meanwhile, US-listed Chinese stocks surged as the Chinese government indicated a shift towards looser monetary policy.
Source: YAHOO