Stock Market Update
16-Apr-25 12:05 ET
NVDA, other mega caps extend losses
Dow -182.76
at 40186.20,
Nasdaq -349.53
at 16473.63,
S&P -65.17
at 5331.46
[BRIEFING.COM] The S&P 500 (-1.1%) and Nasdaq Composite (-1.9%) traded in a steady decline over the last half hour.
Market is still positive, though, indicating a lack of conviction from sellers in the recent leg lower. Advancers lead declines by a 4-to-3 margin at the NYSE.
The deterioration coincided with mega caps extending early losses. NVIDIA (NVDA 104.18, -8.01, -7.1%), Apple (AAPL 196.96, -5.18, -2.6%), and Microsoft (MSFT 377.03, -8.75, -2.3%) are among the influential decliners.
