Nvidia's stock market dominance fuels big swings in the S&P 500

), whose chips are seen as the gold standard in artificial intelligence applications, has accounted for about a quarter of the S&P 500's 17% gain.

Nvidia's rally"got the whole market moving," said Chris Murphy, co-head of derivative strategy at Susquehanna Financial Group. While recent strength in non-tech sectors has stirred hopes of a broadening rally, a sustained sell-off in any of the tech megacaps could still badly hurt broader markets, analysts said.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Stock market today: S&P 500 slips as Nvidia rebound runs out of steamStock market today: S&P 500 slips as Nvidia rebound runs out of steam
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: S&P 500 rides Nvidia-led rally to close higherStock Market Today: S&P 500 rides Nvidia-led rally to close higher
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: S&P 500 ekes gain as Nvidia slip weighsStock Market Today: S&P 500 ekes gain as Nvidia slip weighs
Source: Investingcom - 🏆 450. / 53 Read more »

S&P 500 futures rise marginally as Wall Street looks toward Nvidia earnings: Live updatesStocks rose modestly on Tuesday, with Nvidia giving the S&P 500 and Nasdaq Composite a boost.
Source: CNBC - 🏆 12. / 72 Read more »

Dow Jones, Nasdaq, S&P 500 weekly preview: Nvidia earnings to take center stageDow Jones, Nasdaq, S&P 500 weekly preview: Nvidia earnings to take center stage
Source: Investingcom - 🏆 450. / 53 Read more »