S&P 500 and Nasdaq fall as Nvidia leads chip stocks lower.

From Google: 2024-10-15 13:36:00

The S&P 500 fell from a record high as the Nasdaq slid, with Nvidia leading chip stocks lower. The Dow dropped over 100 points, while the S&P 500 and Nasdaq also closed in negative territory. Nvidia shares fell more than 3%. Other tech giants like Apple, Microsoft, and Amazon also saw losses. The 10-year Treasury yield rose slightly, and oil prices climbed above $70 per barrel. Investors are closely watching inflation fears and the Federal Reserve’s upcoming decision on monetary policy. Stay tuned for more updates on market movements and stock performance.



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