Dow drops nearly 700 points, Nasdaq tumbles 3% in tech-driven sell-off

S&P 500 (NYSEARCA: SPY) Live: DLTR (Nasdaq: DLTR), FIS (NYSE: FIS) Rise Despite Hawkish Tone

Live Updates Live Coverage Updates appear automatically as they are published. Markets Spooked 11:07 am by Gerelyn Terzo The stock market has erased earlier gains, with the S&P 500 now being pressured lower alongside the Dow Jones Industrial Average and Nasdaq Composite. In this holiday-shortened week, the markets are on track for their third straight day of losses. The S&P 500 is being pressured lower by UNH and GPN stock on earnings and M&…

The main Wall Street indicators registered a significant drop following Powell’s declaration on tariffs. S&P 500 fell 2.33 percent, followed by Dow Jones at 1.73 percent, and Nasdaq 3.07 percent. Losses accelerated after Federal Reserve Chief Jerome Powell said that President Donald Trump’s tariffs could push lower economic growth and higher inflation than previously thought. Nvidia also sank 6.87 percent after saying that new American restricti…

Stock Market Today: Dow Jones Tumbles On Powell Comments; Trump Curbs Hit Mag 7, Warren Buffett Stock Rises (Live Coverage)

Sellers took center stage early Wednesday as news of a possible China trade barrier for Nvidia put a chill on tech firms specializing in artificial intelligence, and the markets in general. The post Stock Market Today: Dow Jones Tumbles On Powell Comments; Trump Curbs Hit Mag 7, Warren Buffett Stock Rises (Live Coverage) appeared first on Investor's Business Daily.

Stock market today: S&P 500 in sharp drop on hawkish Powell, Nvidia slump By Investing.com

Stock market today: S&P 500 in sharp drop on hawkish Powell, Nvidia slump

Wall Street ends sharply lower; Nvidia drops, Powell says growth appears to be slowing

U.S. stocks ended sharply lower on Wednesday as Nvidia warned about steep charges from new U.S. curbs on its chip exports to China and as Federal Reserve Chair Jerome Powell said U.S. economic growth appears to be slowing.

Stocks slide as Powell warns of impact of tariffs on the economy

US stocks fell Wednesday as Federal Reserve Chair Jerome Powell warned that President Donald Trump’s tariffs are unprecedented in modern history, with effects that “remain highly uncertain.”