Nvidia Stock Gives Back Gains
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The S&P 500 is tracking toward its worst November since 2008 amid mounting concerns over an AI-fueled "bubble" that not even Nvidia and its CEO, Jensen Huang, could allay after it
Jarring swings keep rocking Wall Street, and U.S. stocks erased a big morning gain to drop on Thursday as the market remains skittish following weeks of doubts and erratic moves.
U.S. stocks erased a big morning gain to turn lower. The S&P 500 dropped as much as 1.1% Thursday after initially soaring toward what seemed like its best day since May.
Asia markets slumped Friday after SoftBank tumbled more than 10% and stronger-than-expected U.S. hiring cut the odds of a December Federal Reserve rate cut.
Wall Street stocks slid on Thursday in a sharp reversal from an early rally, as technology gains faded after a boost from Nvidia's earnings and U.S. jobs data muddied the labor market outlook.
The U.S. stock market is rising ahead of a huge couple of tests for Wall Street. The S&P 500 added 0.4% Wednesday after trimming an earlier jump of 1.1%.
NEW YORK — Jarring swings keep rocking Wall Street, and U.S. stocks erased a big morning gain to drop on Thursday as the market remains skittish following weeks of doubts and erratic moves.
The ongoing Bitcoin crash has claimed a major casualty: BlackRock (NYSE: BLK). Yes, the world's largest asset manager recently suffered its worst-ever rout when its spot Bitcoin exchange-traded fund (ETF) saw the largest sell-off in a single day.