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Columns Wall Street Today: S&P 500, Nasdaq Composite and DJIA Fall as Rally on Nvidia Earnings Fades
The Nasdaq Composite, S&P 500 and Dow-30 all fell Thursday as a morning rally on better-than-expected earnings results from Nvidia faded – renewing worries about Big Tech stocks and the so-called "AI trade."
The tech-laden $Nasdaq Composite Index (.IXIC.US)$ led the way downward by shedding 486.18 points (2.2%) to a 22,078.05 close. The $S&P 500 Index (.SPX.US)$ likewise gave up 103.4 ticks (1.6%) to 6,538....
The tech-laden $Nasdaq Composite Index (.IXIC.US)$ led the way downward by shedding 486.18 points (2.2%) to a 22,078.05 close. The $S&P 500 Index (.SPX.US)$ likewise gave up 103.4 ticks (1.6%) to 6,538....
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