Wall Street: Nasdaq down 1.7 per cent, with Nvidia down 4 per cent; Dow Jones up 0.14 per cent
Also weighing on the market are a 14 per cent fall in Nebius, an 11 per cent fall in CoreWeave and a 9 per cent fall in AMD
(Il Sole 24 Ore Radiocor) - Selling pressure on Nvidia shares (-4%) is intensifying, weighing on the S&P 500 and the Nasdaq. At present, the only index remaining close to the break-even point is the Dow Jones, which is down just 72 points (-0.14 per cent) despite falls in Nvidia and Cisco (-5.2 per cent).
Coca-Cola, Walmart, Procter & Gamble, Visa and Johnson & Johnson are up by around 1.5 per cent, bolstering the blue-chip index alongside Apple (+1 per cent). The S&P is down 1 per cent, whilst the Nasdaq has fallen by 1.7 per cent. On the Nasdaq, the index was weighed down by a 14 per cent fall in Nebius, an 11 per cent fall in CoreWeave, a 9 per cent fall in AMD and SanDisk, and an 8 per cent fall in Marvell, Lumentum and Arm.
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