Wall Street "red floor"

VTV.vn - US stocks fell sharply on November 17 as investors awaited earnings reports from Nvidia, major retailers and delayed employment data.

Traders at the New York Stock Exchange, USA. (Photo: AFP/VNA)

US stock indexes fell across the board on November 17 as investors awaited quarterly earnings reports from major retailers, chipmaker Nvidia, and delayed jobs reports due this week.

Specifically, the Dow Jones index decreased 557.24 points (1.18%), down to 46,590.24 points; the S&P 500 decreased 61.70 points (0.92%), down to 6,672.41 points; the Nasdaq Composite decreased 192.51 points (0.84%), down to 22,708.08 points.

The decline accelerated in the afternoon session, with all three major indexes trading below their 50-day moving averages , a level considered to reflect the medium-term trend. This was the first time the S&P 500 and Nasdaq Composite closed below that level since April 30, while the Dow Jones Industrial Average closed below that level for the first time since October 10.

Nvidia shares fell 1.9%, dragging down the S&P 500 and Nasdaq Composite, amid market concerns that the AI ​​boom has pushed corporate valuations to high levels.

This week, major retailers such as Walmart, Home Depot and Target report quarterly results, closing out the earnings season. Meanwhile, Nvidia , the world's largest company by market capitalization, is scheduled to report after the trading session on November 19.

Investors are also waiting for the September 2025 employment report to be released on November 20, after the US government just ended its temporary shutdown.

Source: https://vtv.vn/pho-wall-do-san-1002511180808288.htm