Reported 5 months ago
Stocks closed lower on Thursday, with the Dow falling by 605 points despite Nvidia's strong fiscal first-quarter earnings reported the day before. The S&P 500 also dipped below 5,300. The semiconductor industry saw sector losses, with Nvidia emerging as a standout performer with a 9.3% increase, marking a record close. Overall, all 11 sectors closed in the red, with cannabis, Bitcoin, solar energy, and disruptive tech being particularly weak. Semiconductor stocks like Taiwan Semi and Marvel showed some gains, but the sector as a whole experienced losses.
Source: YAHOO