US Stocks Slide as Nvidia (U.S. chipmaker) Results Disappoint—S&P 500 and Nasdaq Drop

The S&P 500 fell more than 0.6% on Friday, extending losses from the previous day after Nvidia’s weaker-than-expected earnings shook market sentiment across U.S. equities.

Summary

The S&P 500 Index declined by over 0.6% on Friday, following a sell-off that began on Thursday after Nvidia’s latest earnings disappointed investors. The blue-chip benchmark fell to lower levels as market participants reacted to the figures, with the downturn reflecting continued weakness in U.S. equities driven by technology sector concerns.

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