Nvidia's Market Slide Sparks Global Stock Decline
Tech giant Nvidia's stock drop triggers widespread losses amid AI market reassessment and economic concerns.
- Nvidia shares fell 9.5%, leading to a global decline in chip-related stocks.
- Wall Street experienced its worst day since early August, impacting global markets.
- The US Department of Justice issued subpoenas to Nvidia over antitrust practices.
- Investors worry about the sustainability of the AI-driven stock rally.
- Upcoming labor data and economic reports add to market uncertainty.
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