Nasdaq Falls 2%, Investors Realign; Nvidia Down 5.5%

Yesterday, the American Nasdaq slid by nearly 2%, influenced by Nvidia, Apple, and Tesla dropping 5.57%. This shift to smaller companies followed mild inflation data, hinting at a possible Federal Reserve rate cut in September. Meanwhile, the S&P 500 lost ground due to a U.S. Department of Labor report showing a surprising decrease in June’s […]