by Luzi Ann Santos | moomoo News
The S&P 500 and the Nasdaq retreated from record highs as Nvidia shares pulled back, accelerating declines for the semiconductor industry.
Nvidia's 3.5% decline on Thursday shaved more than $200 billion off the company's market capital, forcing the chipmaker to give back the crown for the most valuable company to $Microsoft(MSFT.US)$. The stock market declined amid weak economic data....