Stock Market Update: Nvidia Plummets Over 5%, Tech Sector Drags Down Nasdaq and S&P 500

Reported about 9 hours ago

On Thursday, the stock market experienced significant declines, primarily driven by a more than 5% drop in Nvidia shares following the release of its earnings report. The tech-heavy Nasdaq Composite fell over 2% as investors reacted to Nvidia’s disappointing profit outlook amidst concerning economic indicators, including rising unemployment claims and lower GDP growth. President Trump's impending tariffs on Mexico, Canada, and China further contributed to market unease, while energy and financial sectors showed some resilience.

Source: YAHOO

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