CNBC DAILY OPEN: INVESTORS ROTATE OUT OF NVIDIA — AND THE NASDAQ HITS A HIGH
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✍️ The article discusses the performance of various stocks, including Nvidia, which fell 1.7% to enter correction territory, and Broadcom, which surged forward after a glowing earnings report.
👉 The Dow Jones Industrial Average lost 0.25% for its eighth straight day of losses. 👉 The S&P 500 gained 0.38% and the Nasdaq Composite advanced 1.24% to close at a new high. 👉 Nvidia's shares fell 1.7% to close at $132, putting it in correction territory. 👉 Broadcom shares surged forward on the back of a glowing fourth-quarter earnings report and increased price targets by banks.
-- #KeithLerner #KimForrest #AriLevy #SamanthaSubin #BrianEvans #JessPound #Tokyo #SantaClara #California #Indonesia #business
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