The Dow Jones Industrial Average dropped 373 points, or 1.1%, while the S&P 500 and Nasdaq Composite fell 1.4% and 1.9%, respectively. All three indexes had been in the green in the morning.
The good news—which initially sent the indexes upward—was that Nvidia (NVDA) crushed sales and earnings estimates and issued a strong current quarter outlook. The chip maker is selling…
This story from barrons.com was posted on 2023-08-24 by @glimmerfox.