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

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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...

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