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Allstate, Nvidia, IonQ, Edison International, Delta, and More Stock Market Movers - Barron's

1. US job growth expected to reach 153,000 jobs in December. 2. Nvidia's shares fell 1.1% amid impending chip export restrictions. 3. Competitors AMD and Broadcom also saw stock declines. 4. Economic losses from LA fires estimated at $50 billion. 5. Quantum computing stocks rebounded despite NVIDIA CEO's forecast.

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FAQ

Why Bearish?

Nvidia's stock fell due to reported export restrictions, impacting its growth prospects.

How important is it?

The article discusses factors affecting Nvidia and peers, relevant for price movements.

Why Short Term?

Immediate market reaction seen; investor sentiment could stabilize post-restriction clarification.

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