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Nvidia and chip stocks drag down the Nasdaq as markets slip on trade war woes
Wall Street opened deep in the red Wednesday, with tech stocks leading the retreat as U.S.-China chip tensions spooked investors. The Nasdaq dropped 2.1%, the S&P 500 shed 1.3%, and the Dow slipped 0.7%. Losses rippled across sectors, dragging the Russell 2000 down 0.8%.Read more...
Wall Street opened deep in the red Wednesday, with tech stocks leading the retreat as U.S.-China chip tensions spooked investors. The Nasdaq dropped 2.1%, the S&P 500 shed 1.3%, and the Dow slipped 0.7%. Losses rippled across sectors, dragging the Russell 2000 down 0.8%.
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