Nvidia slides as Wall Street sees worst drop in over a month
Автор: LiveNOW from FOX
Загружено: 2025-11-13
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The U.S. stock market experienced one of its most significant drops since the spring sell-off on Thursday. The tumble was driven by continued concern over possible inflated prices for AI "superstar" stocks, such as Nvidia, and growing doubts on Wall Street that the anticipated interest rate cuts would materialize. LiveNOW’s Mike Pache is learning more about the tumble on Wall Street today with Eric Teal, Chief Investment Officer with Comerica Wealth Management.
The Dow Jones Industrial Average dropped 797 points, or 1.7%, from the record set just a day before, while the Nasdaq composite lost 2.3%. This comes after the stock market mostly rose throughout the U.S. government’s shutdown, which is historically the case. However, Wall Street continues to brace for potential swings.
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