U.S. Stocks Close Lower: S&P 500 Falls 0.35% to 7,592 and Nasdaq 0.39% as Nvidia Drops 4.34% to $166.19
U.S. stocks closed lower on Thursday, November 12, giving back midday gains. The S&P 500 fell 26.98 points, or 0.35%, to 7,592.40; the Nasdaq Composite fell 100.10 points, or 0.39%, to 25,366.09; and the Dow Jones Industrial Average fell 189.40 points, or 0.36%, to 52,297.09. The small-cap Russell 2000 fell 47.20 points, or 1.66%, to 2,799.06, the steepest decline among the major indexes.
Nvidia weighed on the market. In the first full trading session after the company's board accepted Jensen Huang's resignation as president, chief executive and director, the stock plunged as much as 14% in early trading before paring most of the loss; according to CNBC's closing quotation, Nvidia ended down $7.54, or 4.34%, at $166.19. Chip stocks diverged, with Broadcom up 5.54% and AMD up more than 5%.
In the bond market, which reopened after the one-day Veterans Day closure, the 10-year Treasury yield closed at 5.10%. Investors next turn to the October producer price index due Friday.
(Source: Associated Press)
Source: Associated Press
Published by GSM · USA (original Chinese edition)
Photo: 图：纽约证券交易所交易大厅。Carol M. Highsmith摄，美国国会图书馆收藏，公共领域，经Wikimedia Commons。 / Photo: The trading floor of the New York Stock Exchange. Photo by Carol M. Highsmith, Library of Congress collection, public domain, via Wikimedia Commons.
