The Nasdaq posted its lowest close since September 11, while the S&P 500 hit its lowest since September 10. The Cboe Volatility Index (VIX) closed at its highest level since April 24.
The Dow Jones index fell 386.51 points, or 0.84%, to 45,752.26 points; the S&P 500 lost 103.40 points, or 1.56%, to 6,538.76 points; and the Nasdaq Composite dropped 486.18 points, or 2.15%, to 22,078.05 points.
Nvidia shares fell 3.2% after rising as much as 5% earlier in the session. Most semiconductor stocks also fell, with the Semiconductor Index (SOX) losing 4.8%.
Nvidia, the world's largest company by market capitalization, forecast fourth-quarter sales that beat analysts' expectations and reported better-than-expected third-quarter revenue.
Both the Nasdaq and Dow Jones Industrial Average traded more than 1,000 points from high to low during the day. The 4.9 percentage point difference between the Nasdaq's high and low was the largest intraday swing since April 9, when markets were rocked by tariffs.
Investors continue to worry about high valuations in tech stocks amid growing spending on artificial intelligence (AI), with the Nasdaq now well off its October peak.
In addition, newly released data showed the US unemployment rate increased in September despite the number of new jobs exceeding forecasts, making the prospect of the Fed cutting interest rates in December even more uncertain.
Thursday's jobs report is the last before the December Fed meeting, when the Bureau of Labor Statistics will not release its October report but instead include this month's data in its November report.
Trading volume on US exchanges reached 21.45 billion shares, higher than the average of 19.94 billion shares over the last 20 sessions.
Source: https://baoninhbinh.org.vn/chung-khoan-my-giam-diem-co-phieu-cong-nghe-dan-dau-da-ban-thao-251121061507841.html
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