US Stock Market Falls Sharply as Nvidia and AI Tech Stocks Lead Decline

The US stock market dropped sharply, led by Nvidia and other AI-related tech stocks, ahead of Nvidia’s earnings report this Wednesday.

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US Stock Market Falls Sharply as Nvidia and AI Tech Stocks Lead Decline

US Stock Market Falls Sharply as Nvidia and AI Tech Stocks Lead Decline
The US stock market fell sharply, with the Dow dropping 544 points, the S&P 500 declining by 1.1%, and the Nasdaq also losing 1.1%. The selling pressure was led by Nvidia and other AI-related technology stocks as investors awaited Nvidia’s earnings report on Wednesday. The broader market showed signs of caution as market participants are unsure about the prospects of further rate cuts by the Federal Reserve. The volatile tech sector remains a key focus ahead of upcoming economic data.