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S&P 500 Gains and Losses Today: Nvidia Leads Chip, AI Stocks Lower

1. S&P 500 fell 1.6% amid tariff news and tech weakness. 2. Nvidia shares dropped 8.5% despite solid earnings announcement. 3. New tariffs on Canada, Mexico, and China caused market volatility. 4. Tech sectors, including semiconductor stocks like Nvidia, faced downward pressure. 5. Other stocks benefitting from AI-related demand also declined.

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FAQ

Why Bearish?

Nvidia's 8.5% decline suggests market disappointment despite earnings. Historical patterns show that such tariffs often negatively impact tech growth stocks.

How important is it?

The declining share price of Nvidia due to external factors reflects significant investor sentiment and can lead to further market corrections.

Why Short Term?

The immediate impact from tariffs and market sentiment is likely to be short-lived but significant. Markets typically react swiftly to political and economic news.

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