Nvidia Corrects, Dow Extends Losing Streak as Market Focus Shifts Beyond AI Hype

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 25 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 51%

Business समाचार

Nvidia,Dow Jones,Stock Market

Nvidia's stock price enters correction territory after a seven-day decline, marking the Dow's longest losing streak since 2018. The market is recognizing the potential of other AI beneficiaries besides Nvidia. Meanwhile, the Federal Reserve's interest rate decision in December is anticipated with 93% expecting a quarter-point cut.

Nvidia, meanwhile, fell into correction territory.>Sign up for NBC Philadelphia's News Headlines newsletter.sank 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.

Federal Reserve Chairman Jerome Powell speaks during the New York Times annual DealBook summit at Jazz at Lincoln Center on December 04, 2024 in New York City.for December. Ninety-three percent of respondents said they see a quarter-point cut coming, but only 63% believe it's what the Federal Reserve should do. Those surveyed also expect there will be just two more quarter-point cuts, down from three in the last survey. That forecast would bring the funds rate down to 3.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 569. in İN
 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

​​Dow Jones, Nasdaq, S&P 500 weekly preview: Attention turns to Nvidia earnings​​Dow Jones, Nasdaq, S&P 500 weekly preview: Attention turns to Nvidia earnings
स्रोत: Investingcom - 🏆 450. / 53 और पढो »