Reported about 1 month ago
The US stock market faced a decline at the beginning of September, traditionally a challenging month, with the Dow Jones dropping over 400 points and the tech-heavy Nasdaq falling 2.4%. The downturn was led by Nvidia, which fell more than 7% following disappointing earnings, alongside other chip stocks like Broadcom and Qualcomm. Investors are cautious as they await significant economic data, including the upcoming jobs report, which may influence the Federal Reserve's interest rate decisions.
Source: YAHOO