$NVIDIA (NVDA.US)$ - One of the reasons for the sell-off in ...

$NVIDIA (NVDA.US)$ - One of the reasons for the sell-off in the US stock market and market crashes worldwide was due to an interest rate hike in Japan. Japan had maintained a 0% interest rate for a long time, allowing many investors and institutions to borrow money from Japan to invest elsewhere. With the interest rate hike, these investors now have to pay interest, which could be very heavy for them as they have borrowed substantial amounts. This leads to a significant sell-off in the stock market to cover their loans, creating a snowball effect that impacts markets everywhere.