Nvidia’s shares have declined by more than 10% from their all-time high, entering correction territory. Despite this decline, the stock remains up over 160% year-to-date. The decrease in Nvidia has had a negative impact on the Dow Jones Industrial Average (^DJI), with the index experiencing its longest losing streak since 2018. Eight consecutive trading sessions have resulted in lower closing prices.
Industry experts will provide insights on the situation at key times today. Guests include Noel Dixon, senior macro strategist at State Street Global Markets; James Demmert, chief investment officer at Main Street Research; Daniel Morris, chief market strategist at BNP Paribas Asset Management; Garrett Nelson, CFRA analyst; and Jim Tobin, NAHB CEO.
Source: https://finance.yahoo.com/video/nvidia-falls-correction-territory-dow-121337786.html