--- title: "US Stocks Lower; Nvidia Posts Upbeat Earnings" type: "News" locale: "en" url: "https://longbridge.com/en/news/287236393.md" description: "U.S. stocks fell, with the Dow down over 150 points. Energy shares rose by 0.6%, while consumer staples dropped 2.2%. Nvidia reported strong earnings, with Q1 revenue of $81.615 billion, exceeding estimates. Oil prices increased by 4%, while gold fell by 0.7%. Asian markets mostly declined, and U.S. economic indicators showed mixed results, including a drop in housing starts and a slight decline in jobless claims." datetime: "2026-05-21T14:06:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287236393.md) - [en](https://longbridge.com/en/news/287236393.md) - [zh-HK](https://longbridge.com/zh-HK/news/287236393.md) --- # US Stocks Lower; Nvidia Posts Upbeat Earnings U.S. stocks traded lowr this morning, with the Dow Jones index falling more than 150 points on Thursday. Following the market opening Thursday, the Dow traded down 0.34% to 49,840.62 while the NASDAQ dipped 0.63% to 26,103.59. The S&P 500 also fell, dropping, 0.49% to 7,396.28. **Leading and Lagging Sectors** Energy shares jumped by 0.6% on Thursday. In trading on Thursday, consumer staples stocks fell by 2.2%. **Top Headline** **Nvidia Corp.** (NASDAQ:NVDA) reported better-than-expected first-quarter financial results and issued strong revenue guidance for the second quarter, after the closing bell on Wednesday. Nvidia reported first-quarter revenue of $81.615 billion, up 85% year-over-year. The revenue figure beat the Street consensus estimate of $78.796 billion, according to Benzinga Pro data. The company reported earnings per share of $1.87, beating a Street consensus estimate of $1.76. **Equities Trading UP**            - **NewGenIvf Group Ltd** (NASDAQ:NIVF) shares shot up 74% to $1.28 as the company entered into a strategic agreement with K25.ai for a $2 million investment at a valuation of $100 million - Shares of **Agape ATP Corp** (NASDAQ:ATPC) got a boost, surging 61% to $3.37. - **Liminatus Pharma Inc** (NASDAQ:LIMN) shares were also up, gaining 58% to $0.30 after the company announced it entered into a definitive merger agreement with InnocsAI. **Equities Trading DOWN** - **Global Mofy AI Ltd** (NASDAQ:GMM) shares dropped 28% to $1.03. - Shares of **Hongli Group Inc** (NASDAQ:HLP) were down 29% to $0.39. - **Wellgistics Health Inc** (NASDAQ:WGRX) was down, falling 23% to $0.099 after the company announced a 1-for-50 reverse stock split intended to help regain compliance with Nasdaq’s minimum bid price requirement. **Commodities** In commodity news, oil traded up 4% to $102.18 while gold traded down 0.7% at $4,504.00. Silver traded down 1.3% to $75.160 on Thursday, while copper fell 1.1% to $6.2610. **Euro zone** European shares were lower today. The eurozone's STOXX 600 slipped 0.3%, while Spain's IBEX 35 Index fell 0.5%. London's FTSE 100 fell 0.3%, Germany's DAX dipped 0.7%, while France's CAC 40 declined 0.5%. **Asia Pacific Markets** Asian markets closed mostly lower on Thursday, with Japan's Nikkei 225 gaining 3.14%, Hong Kong's Hang Seng Index falling 1.03%, China's Shanghai Composite declining 2.04% and India's BSE Sensex falling 0.18% **Economics** - The S&P Global services PMI fell to 50.9 in May from 51 in the previous month. - The S&P Global manufacturing PMI climbed to 55.3 in May from 54.5 in April, and topping market estimates of 53.8. - The S&P Global composite PMI came in unchanged from the previous month at 51.7 in May. - The Philadelphia Fed manufacturing index declined to -0.4 in May from 26.7 in the previous month and versus market estimates of 18. - U.S. initial jobless claims declined by 3,000 to 209,000 in the second week of May, compared to market estimates of 210,000. - U.S. housing starts fell 2.8% month-over-month to an annual rate of 1.465 million in April, versus a revised 1.507 million in the previous month. _Photo via Shutterstock_ ### Related Stocks - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [OXY.US](https://longbridge.com/en/quote/OXY.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [UGL.US](https://longbridge.com/en/quote/UGL.US.md) - [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md) - [SGDM.US](https://longbridge.com/en/quote/SGDM.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [SGDJ.US](https://longbridge.com/en/quote/SGDJ.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md) - [GOAU.US](https://longbridge.com/en/quote/GOAU.US.md) - [GDXW.US](https://longbridge.com/en/quote/GDXW.US.md) - [NUGT.US](https://longbridge.com/en/quote/NUGT.US.md) - [GDX.US](https://longbridge.com/en/quote/GDX.US.md) - [OILK.US](https://longbridge.com/en/quote/OILK.US.md) - [GDXJ.US](https://longbridge.com/en/quote/GDXJ.US.md) - [RING.US](https://longbridge.com/en/quote/RING.US.md) - [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md) - [GOEX.US](https://longbridge.com/en/quote/GOEX.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [IAU.US](https://longbridge.com/en/quote/IAU.US.md) - [GDXY.US](https://longbridge.com/en/quote/GDXY.US.md) - [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md) - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [TGT.US](https://longbridge.com/en/quote/TGT.US.md) - [COST.US](https://longbridge.com/en/quote/COST.US.md) - [KR.US](https://longbridge.com/en/quote/KR.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [NIVF.US](https://longbridge.com/en/quote/NIVF.US.md) - [ATPC.US](https://longbridge.com/en/quote/ATPC.US.md) - [LIMN.US](https://longbridge.com/en/quote/LIMN.US.md) - [GMM.US](https://longbridge.com/en/quote/GMM.US.md) - [HLP.US](https://longbridge.com/en/quote/HLP.US.md) - [WGRX.US](https://longbridge.com/en/quote/WGRX.US.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) - [NIVFW.US](https://longbridge.com/en/quote/NIVFW.US.md) - [LIMNW.US](https://longbridge.com/en/quote/LIMNW.US.md) ## Related News & Research - [Up 110% YTD, Why Nvidia’s Backing Could Keep Nokia Stock Rallying](https://longbridge.com/en/news/287094557.md) - [Nvidia’s AI Lead Is Back in Focus as Wolfe Research Doubles Down](https://longbridge.com/en/news/286680544.md) - [Nvidia Q1 results surpass Wall Street expectations thanks to massive AI chip demand](https://longbridge.com/en/news/287136333.md) - [Nvidia Will Report Q1 Earnings on May 20 — Options Traders Expect an 8.65% Move in NVDA Stock](https://longbridge.com/en/news/286763191.md) - [Lamda wins cloud deal with Hudson River Trading to supply access to Nvidia chips](https://longbridge.com/en/news/287059961.md)