Nvidia Correction and Market Downturn

Nvidia, meanwhile, fell into correction territory.S&P 500sank 0.25%. It was the eighth day of losses for the Dow, marking its longest run of losses since 2018. FollowPeople visit the Nvidia booth during the Apsara Conference 2024 at Yunqi Town in Hangzhou, Zhejiang Province of China, on Sept. 19, 2024.Monday, ending the day about 11% off its closing high of $148.88 reached last month. The chipmaker, which has become a favorite AI-related trade, is still up 166% this year.

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