Wall Street Today | Nasdaq Sheds 2%+, S&P 500 and DJIA Sink Some 1.5% as Trump Confirms Tariffs

Jerry Kronenberg16:06 ET

Nvidia Bulls Pile Onto Options, Undeterred by Stock Sell-Off: Options Chatter

Luzi Ann Santos14:35 ET

"Are the major bulls turning against? Goldman Sachs chief warns: The USA economy is weak, and the US stock market will struggle to rise in the short term."

Goldman Sachs strategists have downgraded their earnings forecast for US stocks for the year due to sluggish economic growth in the USA, with the S&P 500 Index facing upward resistance, making it difficult to sustain even a short-term rebound; concerns over the overvaluation of Technology giants and the "America First policy" exacerbating inflation have led to poor performance of US stocks this year, with the S&P 500 Index down 0.54% year-to-date, underperforming globally.

cls.cn11minutes ago

Is the drop in NVIDIA's stock price due to rumors of order cuts? Ming-Chi Kuo firmly supports: it is a market misreading.

① NVIDIA's stock price dropped due to market concerns about the reduction of its CoWoS orders, falling by as much as 8.69% on Monday; ② Reports indicate that NVIDIA's CoWoS wafer orders at Taiwan Semiconductor have decreased from over 400,000 pieces to 0.38 million pieces, but Analyst Ming-Chi Kuo believes this is a misinterpretation by the market; ③ NVIDIA's CEO Jensen Huang also stated that the decrease in production is a result of transitioning to new production lines.

cls.cn22minutes ago

Tim Cook Says 'There's Something In The Air' — New MacBook Air Or A Surprise Product Launch On The Cards?

Benzinga43minutes ago

March opened with a downturn! Wall Street is completely panicked: will there be three interest rate cuts this year?

① A sell-off tsunami has flooded the U.S. stock market, with a rush of safe-haven investments pouring into U.S. Treasuries; ② For Wall Street traders, although it is only the first trading day of March, they seem to have been 'dazed' by a fierce wave of stock market sell-offs...

cls.cn20:38 ET