Stock Market Update: Nasdaq Drops as Nvidia Falls Ahead of Tech Earnings

Reported 3 months ago

US stock markets fell, with the Nasdaq declining roughly 1.3%, largely influenced by a 7% drop in Nvidia's shares. The S&P 500 also fell by 0.5%, as investors awaited earnings reports from major companies like Microsoft and AMD. This week is pivotal, with a Federal Reserve policy meeting and key economic updates expected, raising concerns about the tech sector's performance amid uncertainties in AI investments.

Source: YAHOO

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