Why Nvidia stock is down over 2% on Tuesday

Market Roundup: Nvidia (NVDA) and Micron (MU) Drop as Treasury Yields Surge, Home Depot (HD) Delivers Strong Earnings

Key Highlights Semiconductor stocks including Nvidia declined 2–3.7% amid climbing bond yields Klarna slashed its 2026 revenue guidance, triggering a sharp stock decline Home Depot surpassed earnings forecasts with Q2 revenue reaching $47.86 billion Crude oil reached three-week peaks amid stalled U.S.-Iran diplomatic efforts Micron gave back Monday’s rally, plunging approximately 6% in Tuesday trading Tuesday proved challenging for equity marke…

Nvidia Stock Drops Over 2% as Treasury Yields Hit Tech Stocks Ahead of Earnings

Nvidia Corp (NASDAQ: NVDA) shares fell more than 2% on Tuesday, August 18, as rising Treasury yields triggered a broad selloff across semiconductor and AI stocks. Nvidia stock was trading around $219.50 during the US session, down from Monday’s closing price of $225.01. The decline comes after NVDA recently recovered to its highest levels since May, leaving some investors taking profits as conditions across the broader technology sector deterior…

Why Nvidia stock is down over 2% on Tuesday

Nvidia shares (NVDA) fell around 3% in early Tuesday trading as higher Treasury yields pressured semiconductor stocks and weighed on the broader market. The decline came alongside a wider pullback across chip stocks. Western Digital fell almost 7%, while Sandisk dropped more than 6%. Marvell Technology and Seagate Technology also fell more than 6%. The S&P 500 declined 0.5%, while the Nasdaq Composite fell 1.1%. The Dow Jones Industrial Average …