NVIDIA sparkle vanishes, Wall Street slammed
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Jarring swings keep rocking Wall Street, and U.S. stocks erased a big morning gain to drop on Thursday as the market remains skittish following weeks of doubts and erratic moves. Nvidia, cryptocurrencies and other areas that had soared with nearly relentless momentum,
Wall Street's "fear gauge" jumped on Thursday, as investors digested the release of delayed jobs data from September while an earlier surge in AI plays fizzled. The Cboe Volatility Index was up more than 14% to more than 27,
U.S. stocks erased a big morning gain to turn lower. The S&P 500 dropped as much as 1.1% Thursday after initially soaring toward what seemed like its best day since May.
The S&P 500 is tracking toward its worst November since 2008 amid mounting concerns over an AI-fueled "bubble". Not even Nvidia and its CEO, Jensen Huang, could allay those fears
Although the Oracle of Omaha's actions will live on beyond his retirement, Berkshire Hathaway will continue to serve as an anchor of optimism for long-term-minded investors.
Asian stocks have tracked Wall Street’s plunge in skittish trading, with the region’s major benchmarks erasing the previous day’s gains.
Public worries over the world of private debt have forced major lender Blue Owl Capital (OWL) to scrap plans to give a clear way out to shareholders in one of its private funds.
Wall Street's slide likely driven by signals in crypto, according to Fundstrat's Lee and IBKR's Sosnick. Read more here.