Reported about 12 hours ago
On October 15, 2024, US stocks experienced a downturn, primarily driven by the Nasdaq Composite, which fell around 1% due to a significant drop in shares of chipmakers like Nvidia and ASML Holding. ASML's disappointing earnings report caused its stock to plummet over 15%, leading to similar declines in Nvidia and AMD stocks. The Dow Jones and S&P 500 also saw decreases of approximately 0.8%. In addition, concerns regarding oil prices and fresh bank earnings contributed to the market's negative performance.
Source: YAHOO