Markets today: tech hits U.S. stocks as Nvidia extends selloff to 13%

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Stocks lost traction as an about US$400 billion plunge in Nvidia Corp. raised speculation that the rally in the industry that has powered the bull market was due for a breather.

Wrong-Way Leveraged Nvidia Bet Lured $740 Million Before RoutBASF to Exit $2.6 Billion Nickel Smelter Project in IndonesiaKen Griffin’s Data Leak Suit Against IRS Ends With SettlementUBS Picks Beijing Over Citadel Securities for Credit Suisse UnitEast EU’s Top Utility CEZ to Pay Out $1.

6 Billion Nickel Smelter Project in IndonesiaDuPont’s Water Unit Draws Interest From Potential BuyersMilei’s Austerity Plan Pushes Argentina Into Recession in First QuarterEx-Trafigura Metals Boss to Run New Team of 40 at Rival MercuriaChina Floats Perks for German Carmakers in Bid to Stop EV LeviesThe Carbon Cleanup Industry Is Growing in LouisianaHouthi Attacks on Commercial Shipping Ramp Up and Get DeadlierMexico Inflation Accelerates More Than Expected in Early JuneCanada to curb China EV...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Markets today: Stocks fall amid rout in big banks as Nvidia sinksA slide in banks weighed on stocks ahead of the Federal Reserve decision, with political uncertainties in Europe driving traders to the safest corners of the market such as Treasuries and the dollar.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: U.S. stocks rise as bullish Nvidia call boosts AI tradeA rally in chipmakers drove stocks to another record, with traders betting the potential for Federal Reserve rate cuts will keep fueling the industry that has powered the equity market this year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

13 promising small-cap stocksWe are looking for a Canadian small-cap name set to outperform based on a quantitative analysis model with a proven track record
Source: globeandmail - 🏆 5. / 92 Read more »

Stock market today: Nvidia climbs to Wall Street's mountaintop as stocks broadly driftNEW YORK (AP) — U.S. stocks edged up to more records following the latest signal that the economy’s growth may be slowing without cratering, while Nvidia continued its rocket ride upward to become Wall Street’s most valuable company.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Stocks little changed as Nvidia, AI rally shows signs of fatigueA tech-led rally showed real signs of fatigue for the first time in over a week.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Nvidia slump pressures Nasdaq as stocks mixed to start last week of Q2Stocks are hoping to add a punchline to what's been a high-flying quarter thus far.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »