Stocks Waver Amid Nvidia Slump and AI Sell-Off
TL;DR Summary
US stocks wavered on Friday as the tech-led rally, driven by Nvidia, showed signs of fatigue. The S&P 500 and Nasdaq fell slightly, while the Dow Jones saw a minor increase. Nvidia's stock dropped over 2%, causing it to lose its brief status as the world's most valuable company. Investors are also evaluating the broader US economy and potential interest rate cuts.
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