Market wrapEconomic Times
US stocks end lower as Nvidia slide offsets energy gains
Positive+1
GreyOak summary
US stocks closed lower as Nvidia shares fell nearly 12% following CEO Jensen Huang's exit, outweighing energy sector gains. The S&P 500 dropped 0.34% to 7,593.39, while the Nasdaq Composite fell 0.40%. Investors await Friday's US Producer Price Index data amid concerns over inflation and potential Fed rate increases.
What it affects
- EnergyPositive +1
Energy shares gained about 2%.Rolling sentiment Positive +38
