US Stock Market Decline: Nvidia Drops Ahead of Key Big Tech Earnings and Fed Meeting

Reported 3 months ago

In anticipation of a crucial Federal Reserve meeting and significant earnings reports from major tech companies, U.S. stocks fell, with Nvidia's shares plunging by 7%. The S&P 500 saw a decrease of 0.5% and the Nasdaq Composite dropped around 1.3%, highlighting investors' concerns about AI investments and upcoming corporate results, particularly from Microsoft and AMD. The Dow Jones Industrial Average, however, edged up by 0.5% as traders await important data affecting future monetary policy.

Source: YAHOO

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