STOCKS SEE BIGGEST INTRADAY SELLOFF SINCE APRIL AS NVIDIA-INSPIRED REBOUND FALTERS. HERE’S WHAT INVESTORS NEED TO KNOW.
https://s.yimg.com/ny/api/res/1.2/kdqv5FW1sG0IN__k5S_ESA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02MDA-/https://media.zenfs.com/en/marketwatch_hosted_869/18162215c38ead3d7e124a0b0f6b1390
✍️ The stock market experienced a broad-based selloff on Thursday, with investors retreating from risky assets and shifting into bonds, following a wave of selling that weighed on stocks, bitcoin, and other cryptocurrencies.
👉 Nvidia's earnings report sparked doubts about the artificial-intelligence trade 👉 Investors retreated from risky assets and shifted into bonds 👉 The S&P 500 and Nasdaq Composite suffered their biggest intraday reversals since April 👉 The Dow Jones Industrial Average declined, but held up relatively better than its peers 👉 The consumer-staples sector was a bright spot, following strong earnings from Walmart Inc.
-- #JensenHuang #MarkHackett #MattMaley #MichaelKramer #AndyConstan #JeromePowell #DanielTenengauzer #MichaelFeroli #BrianMulberry #MikeDeStefano #KenJimenez #business
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