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Dow Dips Amidst Broad Market Sell-Off
13 Nov
Summary
- Major US stock indices like the Dow, S&P 500, and NASDAQ closed lower.
- NVIDIA Corporation experienced a significant drop of 4.34% in its stock value.
- Corteva Inc. shares plummeted by 24.30%, reaching an all-time low.
On Thursday, U.S. stock markets concluded trading in the red, with significant downturns observed across major indices. The Dow Jones Industrial Average fell by 0.36%, the S&P 500 by 0.35%, and the NASDAQ Composite by 0.39%.
Losses were predominantly seen in the Basic Materials, Industrials, and Healthcare sectors. NVIDIA Corporation was among the session's worst performers, declining 4.34%. Honeywell International and Boeing also recorded notable drops.
On the S&P 500, Advanced Micro Devices, Broadcom, and Arista Networks emerged as top gainers. However, Corteva Inc. experienced a severe downturn, losing 24.30% and reaching an all-time low. Global Payments and Super Micro Computer also saw significant declines.
The NASDAQ Composite saw mixed performance, with GreenPower Motor Company, Children's Place, and Ainos Inc. showing substantial gains. Conversely, Cardinal Infrastructure Group, SMX Security Matters, and VisionWave Holdings hit all-time lows.
Commodities trading showed mixed signals, with Gold Futures declining while Crude oil prices rose. The Euro and US Dollar also saw slight movements against the Japanese Yen.
