Tuesday’s gains in the S&P 500 and Nasdaq Composite were driven by a resurgence in Nvidia shares, which followed the company’s sell-off the day before.
S&P 500 overall increased by 0.3%, and the Nasdaq gained 1.2%. With a drop of 316 points, or 0.8%, the Dow Jones Industrial Average trailed. Nvidia’s stock increased by about 6%.
The stock saw its largest one-day decline since April 19, when it lost 10%, during the previous session, falling more than 6%.
Source (CNBC)
