negative
Dow Plunges 700 Points as Nvidia-Led Tech Rout Triggers Broad Wall Street Sell-Off
U.S. equities faced sharp declines in the latest session, with the Dow Jones tumbling 700 points and both the Nasdaq and S&P 500 sliding as technology shares led a widespread sell-off. Nvidia and other major semiconductor names experienced heavy losses ahead of an important week for corporate earnings and macroeconomic data releases. Analysts noted that elevated valuations, shifting rate expectations, and caution over potential earnings disappointments contributed to the downturn. Broader market sentiment weakened further as traders reduced risk exposure in anticipation of increased volatility through the upcoming economic announcements.
CNBC• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
negative
Dow Plunges 700 Points as Nvidia-Led Tech Rout Triggers Broad Wall Street Sell-Off
U.S. equities faced sharp declines in the latest session, with the Dow Jones tumbling 700 points and both the Nasdaq and S&P 500 sliding as technology shares led a widespread sell-off. Nvidia and other major semiconductor names experienced heavy losses ahead of an important week for corporate earnings and macroeconomic data releases. Analysts noted that elevated valuations, shifting rate expectations, and caution over potential earnings disappointments contributed to the downturn. Broader market sentiment weakened further as traders reduced risk exposure in anticipation of increased volatility through the upcoming economic announcements.
CNBC• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
1 min read
90 words
The Dow fell 700 points while the Nasdaq and S&P 500 also declined as Nvidia and tech stocks led a broad market sell-off ahead of key earnings.
U.S. equities faced sharp declines in the latest session, with the Dow Jones tumbling 700 points and both the Nasdaq and S&P 500 sliding as technology shares led a widespread sell-off. Nvidia and other major semiconductor names experienced heavy losses ahead of an important week for corporate earnings and macroeconomic data releases. Analysts noted that elevated valuations, shifting rate expectations, and caution over potential earnings disappointments contributed to the downturn. Broader market sentiment weakened further as traders reduced risk exposure in anticipation of increased volatility through the upcoming economic announcements.
U.S. equities faced sharp declines in the latest session, with the Dow Jones tumbling 700 points and both the Nasdaq and S&P 500 sliding as technology shares led a widespread sell-off. Nvidia and other major semiconductor names experienced heavy losses ahead of an important week for corporate earnings and macroeconomic data releases. Analysts noted that elevated valuations, shifting rate expectations, and caution over potential earnings disappointments contributed to the downturn. Broader market sentiment weakened further as traders reduced risk exposure in anticipation of increased volatility through the upcoming economic announcements.
Companies:
Nvidia
Tags:
US markets
Dow Jones
US markets
Dow Jones
Nvidia
technology stocks
sell-off