The stock market saw a decline in both the S&P and Nasdaq indices as tech giant Nvidia experienced a second consecutive day of losses. The S&P index and Nasdaq index both fell as a result of Nvidia’s decreasing stock value. This downturn in the market comes amidst growing concerns about the stability of tech stocks, particularly in relation to supply chain issues and chip shortages. Investors are closely monitoring the situation with Nvidia and other tech companies as they navigate these challenges.
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https://www.reuters.com/markets/us/wall-street-futures-edge-lower-ahead-business-survey-data-2024-06-21/