Stock Market Update
04-Sep-24 12:05 ET
NVDA shares rollover again
Dow +22.23
at 40959.16,
Nasdaq -23.82
at 17112.46,
S&P -6.60
at 5522.33
[BRIEFING.COM] The market is in a steady decline, leading the S&P 500 and Nasdaq Composite to trade below prior closing levels.
Choppy action in NVIDIA (NVDA 107.67, -0.32, -0.3%) has contributed to the index level volatility.
Elsewhere, the probability of a 50-basis points rate cut moved up in response to this morning's data, sitting at 45.0% now versus 38.0% yesterday, according to the CME FedWatch Tool.
