Wall Street closed lower, despite a blowout profit report from Nvidia, as bond yields rose ahead of a highly anticipated speech from Federal Reserve Chair Jerome Powell. The S&P 500
Wall Street slumped to its worst day in three weeks, despite a blowout profit report from Nvidia. The S&P 500 fell 1.3% Thursday. The Dow sank 373 points, and the
Wall Street slumped to its worst day in three weeks, despite a blowout profit report from Nvidia. The S&P 500 fell 1.3% Thursday. The Dow sank 373 points, and the
Wall Street slumped to its worst day in three weeks, despite a blowout profit report from Nvidia. The S&P 500 fell 1.3% Thursday. The Dow sank 373 points, and the Nasdaq lost 1.9%. Nvidia is one of Wall Street's most influential stocks and seemed to be headed toward a record close. But its gain faded through the day and nearly disappeared by the close. The rest of the stock market dropped as rising Treasury yields cranked up the pressure. Yields could rise more depending on what the Federal Reserve's chair says in a highly anticipated speech Friday.
Wall Street slumped to its worst day in three weeks, despite a blowout profit report from Nvidia. The S&P 500 fell 1.3% Thursday. The Dow sank 373 points, and the Nasdaq lost 1.9%. Nvidia is one of Wall Street's most influential stocks and seemed to be headed toward a record close. But its gain faded through the day and nearly disappeared by the close. The rest of the stock market dropped as rising Treasury yields cranked up the pressure. Yields could rise more depending on what the Federal Reserve's chair says in a highly anticipated speech Friday.