US stocks: US market closes lower as Nvidia slide outweighs energy rally
US stocks closed lower on Thursday, as a drop in Nvidia shares after CEO Jensen Huang's exit outweighed gains in energy shares.The chip company's shares fell but were…
Attributed summary
US stocks closed lower on Thursday, as a drop in Nvidia shares after CEO Jensen Huang's exit outweighed gains in energy shares.The chip company's shares fell but were well off the day's lowest level after earlier dropping nearly 12%. Retail investors bought Nvidia shares worth about $111 million in the first half hour of trading, the biggest opening bid on record for the stock, according to data from Vanda Analytics.The…
Read the original report — Economic Times
Storywire publishes attributed summaries for discoverability. Full reporting remains with the original publisher — we do not republish restricted full text.
