After reaching the top of the US stock market value list last week, NVIDIA has fallen for three consecutive days, dragging down the overall market.Overnight, NVIDIA, known as the &#34;AI leader&#34;, plummeted by 6.7%, marking the largest single-day decline in two months and entering a technical correction phase. Currently, NVIDIA has fallen for three consecutive days, dropping more than 16% from last Thursday's high point, with the company's market value falling below $3 trillion, ranking third in the US stock market.<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/2fc9b7b2-4c38-4937-a850-25db671c7f1c.jpeg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/2fc9b7b2-4c38-4937-a850-25db671c7f1c.jpeg"/>Affected by this, the S&amp;P 500 index fell for three consecutive days to a one-week low, while the Nasdaq and Nasdaq 100 have been moving away from historical highs for three consecutive days. Looking at different sectors, the energy, financial, and utilities sectors performed well, all rising by about 1%, while the technology sector was the biggest drag, with a decline of over 2%.<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/687d592d-1629-4af0-8558-104e2d7f8f3f.jpeg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/687d592d-1629-4af0-8558-104e2d7f8f3f.jpeg"/>The &#34;Big Seven&#34; tech stocks have also retreated from their recent highs, almost giving back all the gains since the release of the CPI data earlier this month.<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/af077c16-a736-4dc6-8334-2018b2f448d9.jpeg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/af077c16-a736-4dc6-8334-2018b2f448d9.jpeg"/><h2>What is the impact on the US stock market?</h2>Just as it secured the title of &#34;global stock king,&#34; NVIDIA faced a massive sell-off, with its market value evaporating by about $430 billion in three days, marking the largest three-day market value drop in history for a single listed company.An analysis by Wall Street See earlier pointed out that the &#34;Triple Witching Day,&#34; frequent executive selling at NVIDIA, and profit-taking by some investors have all severely impacted NVIDIA's stock price performance.Will NVIDIA's current pullback continue? What is the impact on the US stock market?Larry Tentarelli, Chief Technical Strategist at Blue Chip Daily Trend Report, believes that NVIDIA's pullback is actually &#34;quite healthy&#34;:<blockquote>&#34;What we've seen last week and now is a healthy rotation. This is actually a very good pause for the tech sector, with the hotspots rotating to some other industries that have been in a downtrend.&#34;</blockquote>Driven by the AI boom, NVIDIA's cumulative gain so far this year is still as high as 145%, leading to a 14% cumulative increase in the S&amp;P and setting 31 new closing highs<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/522fdd3b-5927-47d3-ac6c-c82ff1638576.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/522fdd3b-5927-47d3-ac6c-c82ff1638576.png"/>Currently, Wall Street is holding its breath for the PCE price index to be released this Friday, which is expected to be another major catalyst for the recent US stock market

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NVIDIA plunged 6.7% overnight, dragging down the technology sector, while the energy and banking sectors performed well. Some analysts believe that this pullback represents a "quite healthy" sector rotation

The article conveys the following key points:
1. Descriptive facts:
- NVIDIA, previously the top market value company in the US, has experienced a three-day decline, leading to a drag on the overall market.
- NVIDIA's stock dropped significantly by 6.7% overnight, marking its largest single-day decline in two months and entering a technical correction phase.
- The company's market value has fallen by over 16% from its peak last Thursday, dropping below $3 trillion and ranking third in the US stock market.
- The S&P 500 index hit a one-week low after three consecutive days of decline, with the Nasdaq and Nasdaq 100 also moving away from historical highs.
- Energy, finance, and utilities sectors performed well, each rising by about 1%, while the technology sector was the biggest drag, with a decline of over 2%.
- The tech stocks, known as the "Seven Sisters," have retreated from their recent highs, almost giving back all gains since the release of CPI data earlier this month.
2. Viewpoints and supporting logic:
- NVIDIA's significant sell-off, resulting in a $430 billion market cap loss in three days, is unprecedented for a single public company.
- Factors contributing to NVIDIA's stock decline include the "Triple Witching Day," frequent executive selling, and profit-taking by some investors.
- Analyst Larry Tentarelli views NVIDIA's correction as healthy, indicating a rotation of market focus from tech to other previously declining industries.
- Despite the recent pullback, NVIDIA's year-to-date gain of 145% has been a major driver of the S&P's 14% increase and 31 record highs.
- The upcoming release of the PCE price index is anticipated to be a significant catalyst for the US stock market in the near term.
Overall, the article highlights NVIDIA's recent market performance, the broader impact on the US stock market, potential reasons for the correction, and expert opinions on the situation.

NVIDIA crashed, is the US stock market over?