Nvidia stocks: U.S. Stock Market Today: S&P 500, Dow Jones, Nasdaq down. Check Nvidia, Tesla stocks’ performance
Markets in Europe and Asia suffered sizeable losses as oil prices were high earlier in the day. There is concern that if oil prices remain high, it could cause inflation to rise further around the world.
On Thursday, the S&P 500 fell 18.21 points to 6,606.49, the Dow Jones Industrial Average fell 203.72 points to 46,021.43, the Nasdaq composite fell 61.73 points to 22,090.69, and the Russell 2000 small companies index rose 16.07 points to 2,494.71.
Brent crude was on the rise but well within session tops of $119 a barrel after Iran attacked energy targets in the Middle East overnight, prompting the U.S. government to take steps to expand supply.
US Stock Market Stocks
Micron Technology fell 3.8 percent after the memory chip maker’s quarterly forecast failed to impress investors who have boosted its shares more than 50 percent this year on strong AI-related demand. Nvidia, the world’s most valuable company, lost 1 percent. Tesla lost 3.2 percent of its value. The National Highway Traffic Safety Administration expanded its investigation to include 3.2 million Tesla vehicles with Full Self-Driving capability over concerns that the system failed to detect or warn drivers in poor visibility.
The S&P 500, Nasdaq and Dow remained below their 200-day moving averages, underlining the loss of momentum in the market. The S&P 500 has lost more than 3 percent in 2026 and is trading at four-month lows. Precious metal prices fell; miners Newmont and Freeport-McMoRan fell 6.9 percent and 3.3 percent, respectively. Thursday’s data showed weekly jobless claims fell unexpectedly last week; This indicated that labor market conditions were stable and employment growth picked up in March.
Declining stocks outperformed advancing stocks in the S&P 500 by a ratio of 1.4 to one. The S&P 500 recorded 17 new highs and 26 new lows; Nasdaq recorded 30 new highs and 276 new lows. Trading volume on US stock exchanges stood at 20 billion shares on average over the last 20 sessions.
