CNBC Daily Open: Nvidia sinks and data’s weak, but stay strong
Publishing timestamp: 2024-09-03 21:08:04
Summary
Nvidia's shares plummeted, dragging down other chipmakers and causing U.S. stocks to have their worst day since August. Weak economic data and oil prices falling also contributed to the negative sentiment in the markets. Despite concerns, some are advising investors to consider gold as a hedge against financial risks. Investors are cautioned not to panic and to focus on long-term investing strategies.
Sentiment: NEGATIVE
Tickers: .IXIC, NVDA, QCOM, .DJI, AMD, INTC, SMH, .SPX,
Keywords: oil and gas, united states, vaneck semiconductor etf, business news, nvidia corp, qualcomm inc, nasdaq composite, advanced micro devices inc, markets, world markets, intel corp, dow jones industrial average, technology, s&p 500 index,
Source: https://www.cnbc.com/2024/09/04/stock-markets-nvidia-sinks-and-datas-weak-but-stay-strong.html