Nasdaq Soars on Nvidia Earnings Amid Mixed Market Reactions
TL;DR Summary
U.S. stocks fell on Thursday despite a significant boost from Nvidia, which saw its shares close above $1,000 for the first time. The decline was driven by economic data indicating persistent inflation, which could delay Federal Reserve rate cuts. The Dow dropped 1.53%, the S&P 500 fell 0.74%, and the Nasdaq decreased 0.39%. Boeing and Live Nation also saw significant declines, contributing to the overall market downturn.
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