US Stocks Swing Sharply as Nvidia’s Decline Sparks Market Correction Concerns
The US stock market saw sharp volatility as global sell-offs hit Asia and Europe. The S&P 500 dropped 1.5% before recovering to a 0.2% loss, while the Dow and Nasdaq also fell. Nvidia’s steep 3.7% drop, extending its monthly decline to over 10%, drove much of the pressure amid concerns of an AI bubble. Asian and European indices tumbled, Bitcoin slipped, and markets now await Nvidia’s quarterly results.
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