US Stocks Decline as Nvidia Sell-Off Drags Tech Sector Beneath the Stock Market Radar Today

US Stocks Decline as Nvidia Sell-Off Drags Tech Sector Beneath the Stock Market Radar Today

U.S. stocks mostly fell on Monday, with technology stocks like Nvidia driving the decline. Nvidia dropped 5% and is down 14% from its all-time high following a 143% rally this year. Investors are now awaiting PCE inflation data to be released on Friday. According to Constellation Research, the stock decline is due to profit-taking as … Read more