Updated 30 min ago
Nasdaq Loses Early Gains as Nvidia Turns Lower
The stock market is bouncing around with Nvidia shares.
The tech-heavy Nasdaq Composite dropped 1% after opening up about 0.8%. The S&P 500 was down 0.4%. The Dow was still up 122 points, or 0.3%.
All eyes were on Nvidia stock in the wake of the chip titan's earnings report. After opening higher and igniting some optimism into the tech trade, it was back down 3% in the first half-hour of trading. The iShares Semiconductor ETF was down 2.1%.