Cathie Wood's Nvidia Stock Sale Adds to Dow Jones' Struggles

1 min read
Source: Investor's Business Daily
Cathie Wood's Nvidia Stock Sale Adds to Dow Jones' Struggles
Photo: Investor's Business Daily
TL;DR Summary

The stock market struggled as the Dow Jones Industrial Average opened lower, with Cathie Wood's Ark Invest ETFs selling shares of Nvidia. Key earnings movers included DocuSign, RH, Guidewire Software, and Kroger. Nvidia stock dropped slightly, while Tesla, Apple, and Microsoft traded higher. Oil prices bounced back, and the 10-year U.S. Treasury yield remained strong. IBM, Intel, and Visa were among the Dow Jones stocks to watch. Adobe, Baker Hughes, Cadence Design Systems, Netflix, and Shopify were highlighted as top growth stocks. Tesla stock rebounded, while Apple and Microsoft faced challenges.

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