Wall Street plunges.

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)

On November 17th, US stock indices fell across the board as investors awaited quarterly earnings results from major retailers and chipmaker Nvidia, along with a delayed jobs report scheduled for release this week.

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

The decline accelerated in the afternoon session, as all three major indices traded 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 this level since April 30, and the Dow Jones for the first time since October 10.

Nvidia's stock price fell 1.9%, a major factor dragging down the S&P 500 and Nasdaq Composite, amid market concerns that the AI ​​boom has driven company valuations to high levels.

This week, major retailers like Walmart, Home Depot , and Target are releasing their quarterly results, closing out earnings reporting season. Meanwhile, Nvidia , the world's most valuable company by market capitalization, is expected to release its report after trading on November 19th.

Investors are also awaiting the September 2025 jobs report, which will be released on November 20th, after the US government has just ended its temporary shutdown.

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