This comes after a rally this comes after a rally that put the benchmark within a striking distance of its all time highs. Technology stocks, the gauges most influential group, took the brunt of the decline. Index slipped by 1. 5 . One of the biggest losers on the day was nvidia, the high flying artificial intelligence darling, and Wall Street will also have to contend with seasonal headwinds, as september has historically been a challenging month for stocks. In other News China has announced a probe of canadian a former edge of the governor of New York has pleaded not guilty to acting as a chinese Trade And Technology partn| to 1ips will be Trade And Technology partn| to acting ll be Trade And Technology partn| to acting as e Trade And Technology partn| to acting as a chinese guilty to acting as a chinese agent. 0scars allege they agent. 0scars allege they followed orders from beijing to followed orders from beijing to advance chinas interest. In advance chinas interest. In exchange s
Seems to be reducing. But there are also concerns about the wider us economy that led to a wider sell off on us markets, as Ritika Gupta explains. The snp 500 saw its biggest slide since an early august meltdown, ending the session down 2 . This comes after a rally that put the benchmark within a striking distance of its all time highs. Technology stocks, the gauges most influential group, took the brunt of the decline. The Nasdaq Index closed down by 3 , while the Dowjones Index slipped by 1. 5 . One of the biggest losers on the day was nvidia, The High Flying Artificial Intelligence darling, which raised more than 240 Billion in market value. The Chip Maker shares closed down over 9 . 0ther Semiconductor stocks, including micron, intel and advanced micro devices, fell in sympathy. The market also took a leg lower after manufacturing Production Data shrank for a fifth month in august. The institute for Supply Management Manufacturing gauge edged up to 47. 2. A reading below 50 indicat
Well come. We start in poltava, ukraine. Where russia has carried out one of the deadliest strikes in months. Ukraines Defence Ministry says at least 51 people have been killed, with 219 injured. The attack occurred at a military communications institute, in the central eastern part of the country. These images verified by The Bbc show the aftermath of that attack. The countrys Defence Ministry says people were hit as they headed to bomb shelters. Emergency workers are trying to rescue survivors from the rubble. President zelensky vowed to hold those responsible to account for the attack. Nick beake is at the scene, and has just sent us this report, which contains some distressing images. The missiles tore through the ukrainian Military Academy at 9 oclock this morning, just as lessons were starting, levelling huge parts of the complex and killing dozens instantly. Army Medics Battle to save the injured. Hold on, he shouts, youre a good lad. Tonight we arrived in a stunned city. The Em
August meltdown, ending the session down 2 . This comes after a rally that put the benchmark within a striking distance of its all time highs. Technology stocks, the gauges most influential group, took the brunt of the decline. The Nasdaq Index closed down by 3 , while the Dowjones Index slipped by 1. 5 . One of the biggest losers on the day was nvidia, The High Flying Artificial Intelligence darling, which raised more than 240 Billion in market value. The Chip Maker shares closed down over 9 . 0ther Semiconductor stocks, including micron, intel and advanced micro devices, fell in sympathy. The market also took a leg lower after manufacturing Production Data shrank for a fifth month in august. The institute for Supply Management Manufacturing gauge edged up to 47. 2. A reading below 50 indicates contraction. The data reignited concerns around slowing growth within the us economy, which helped drive a Sell Off early last month. The action comes ahead of us governments augustjobs report,
Causing Market Volatility several weeks ago. They acknowledged there were issues with production, saying that it was making changes to the number of functioning chips that come out of factories. At the same time, the company expects to bring in several billion dollars of revenue in the fourth quarter from the product. Nvidia shares have fallen by around 7 in after hours trading in new york. Industry Expert Bob Odonnell explained the Market Reaction and what lies ahead for the company. I think when it comes to this brand and its particular earnings, all rationality has gone out the window. There is no normal metric being used or that can be used for this. There is so much attention from individual investors and from people doing options and futures, and everything you can imagine is being thrown at this. And so hit on scrambles all that is bound to get messy. Some people are saying, well, the growth was higher than the forecast, but still not high enough. Even though we forecasted it he