The market fell Tuesday, following chip stocks lower after Nvidia led the way to all-time highs Monday night. The stock price spike marked Cheif Jensen Huang's new product showcase at the Consumer Electronics Showcase Las Vagas Keynote, where he showed off a robot future and affordable graphics cards. Just past 4 pm ET the$S&P 500 Index (.SPX.US)$fell 1.11%, the$Dow Jones Industrial Average (.DJI.US)$was falling 0.42%, and the$Nasdaq Composite Index (.IXIC.US)$fell 1%....
The$S&P 500 Index (.SPX.US)$saw a sharp downturn today, with the Magnificent 7 leading the decline. Rising volatility, reflected in the spike in the VIX (+9.85%), highlighted investor unease as tech stocks faced heavy selling pressure. Biggest Movers of the Day • NVIDIA ($NVIDIA (NVDA.US)$): ❌ -5.61% – The steepest drop among the Magnificent 7, as profit-taking and valuation concerns weighed heavily. • Tesla ($Tesla (TSLA.US)$): ❌ -4.44% – Declined sharply amid broader weakness...
Happy Tuesday, January 7th. The market pulled back in the early morning hours, with the largest chip and tech stocks falling as investors sold the news that CES is underway.$NVIDIA (NVDA.US)$CEO Jensen Huang announced the chip giants' first computer, discount next-gen graphics cards, and said the ChatGPT moment for robotics was nearly at hand Monday night. His stock was leading the Dow in percentage declines Tue...
corbotron
:
why Jimmy Carter day? I'm Canadian and I've seen a few former presidents pass, but this is the first time im seeing a day of remembrance for one. did I just miss days for Bush senior, Ford, and Regan over the years? or is this a new thing in America to remember former leaders? don't get me wrong I like the idea I just don't remember it in the past
corbotron
Kevin Travers
OP
:
I'm 35 so I was young at the time the last few passed, I was just probably not well informed at that time to world markets and politics. I appreciate the response, it makes sense it would be tradition. like I said, Canadian so I appreciate the info for the future
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ fell 1.11%, the $Dow Jones Industrial Average (.DJI.US)$ was falling 0.42%, and the $Nasdaq Composite Index (.IXIC.US)$ fell 1%....
This could be due to a data released by the Institute for Supply Management - it reflects a faster than expected growth in the US services sector, which adds more concerns to a sticky inflation.
With this news, the 10 year Treasury yield shot up to 4.698% as investors further weigh their expectation of rate cuts this year.
$SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Micron Technology (MU.US)$ $Advanced Micro Devices (AMD.US)$ $Taiwan Semiconductor (TSM.US)$ $NVIDIA (NVDA.US)$ $Tesla (TSLA.US)$ $Invesco QQQ Trust (QQQ.US)$ $Meta Platforms (META.US)$ $Microsoft (MSFT.US)$ $iShares Bitcoin Trust (IBIT.US)$ $MicroStrategy (MSTR.US)$ $Palantir (PLTR.US)$ $FuboTV (FUBO.US)$
Biggest Movers of the Day
• NVIDIA ( $NVIDIA (NVDA.US)$): ❌ -5.61% – The steepest drop among the Magnificent 7, as profit-taking and valuation concerns weighed heavily.
• Tesla ( $Tesla (TSLA.US)$): ❌ -4.44% – Declined sharply amid broader weakness...
His stock was leading the Dow in percentage declines Tue...
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