US Stock Market Wrap-Up: AI Performance Worries Re-emerge, Nasdaq Slides More Than 1%
3 day ago / Read about 0 minute
Author:小编   

On October 9, as the US stock market drew to a close, the Dow Jones Industrial Average initially climbed by 0.1%, whereas the S&P 500 index dipped by 0.47%, and the Nasdaq plummeted by 1.25%. Throughout the trading session, reports surfaced indicating that OpenAI's annualized revenue was $20 billion lower than what had been previously disclosed. This news put significant pressure on tech stocks, leading to a decline. Notably, Nvidia's shares dropped nearly 3%, while SpaceX, Micron Technology, and SK Hynix all saw their shares fall by over 4%. Oracle and Intel fared even worse, with their shares declining by more than 5%. Additionally, the Nasdaq Golden Dragon China Index experienced a 0.62% decrease, and NIO's shares fell by 3.8%.