Stocks ended Tuesday’s trading significantly lower, with major averages falling to their lowest closing levels in a month. The Dow dropped 498.50 points, the Nasdaq tumbled 275.23 points, and the S&P 500 slid 55.09 points. Nvidia’s decline continued, impacting the tech sector. Concerns over an AI bubble intensified ahead of Nvidia’s quarterly results. Alphabet CEO warned of irrationality in the AI boom. Traders await the September jobs report. U.S. factory orders rebounded by 1.4% in August. Computer hardware, semiconductor, and software stocks saw weakness, while oil stocks rose. Global markets also recorded significant losses. Bond yields edged down slightly.

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