Market drops as investors anticipate Fed decision, NVIDIA shares decline after CEO speech.

From Nasdaq: 2025-03-18 19:09:00

Market activity turned negative as investors awaited a new Fed decision, with the Dow down -260 points, the S&P 500 falling -60 points, and the Nasdaq dropping -304 points. NVIDIA shares declined -3.4% after CEO Jensen Huang’s address, despite unveiling new chips and GPUs. The Federal Open Market Committee meeting tomorrow is not expected to change the current Fed funds rate. Industrial Production for February increased by +1.4%, marking the third consecutive month of positive growth. Capacity Utilization also improved to +78.2%, indicating a steady economy. Looking for stock recommendations? Check out 5 stocks set to double in 2024, handpicked by Zacks experts.



Read more at Nasdaq: Markets Drop Ahead of Fed Meeting; Huang Speech Can’t Save NVIDIA