Nasdaq Tumbles Over 200 Points As Nvidia Shares Decline: Investor Sentiment Falls, But Fear Index Remains In 'Greed' Zone
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U.S. stocks fell on Tuesday, with the Nasdaq Composite dropping over 200 points, driven by a 2.8% decline in Nvidia shares following its $100 billion investment in OpenAI. The S&P 500 ended a three-day winning streak, while the Fear and Greed index remained in the 'Greed' zone at 61.7. Economic indicators showed a slowdown in growth, with the S&P Global U.S. Composite PMI decreasing to 53.6. Despite the overall decline, sectors like energy and real estate saw gains, while investors await earnings from Cintas, Thor Industries, and KB Home.
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Source: Benzinga The copyright of this article belongs to the original author/organization.
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