Stock Market Today: S&P 500 closes lower as chip stocks lead tech wobble

Investing.com -- U.S. stocks fell Wednesday, as weakness in Nvidia led a slide in tech just ahead of the chipmaker's quarterly results due after the close.), the world’s most valuable chipmaker, fell 2% leading the broader tech sector lower as investors opted for caution ahead of the company second quarter results after the bell. The firm is expected to reportNvidia’s shares have spiked 160% so far in 2024, as the firm benefited greatly from increasing investment in artificial intelligence.

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