Nvidia shares slip, tug Nasdaq, S&P 500 down from record highs; Dow Jones outperforms – Firstpost

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The S&P 500 slipped 0.3 per cent, losing 13.86 points to settle at 5,473.17. The Nasdaq Composite also retreated from its record, declining 0.8 per cent, or 140.64 points, to 17,721.59. Bucking the trend, the Dow Jones Industrial Average climbed 0.8 per cent or 299 points to reach 39,134.76
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Wall Street’s major indices had a mixed close on Thursday, as market leader Nvidia surrendering early gains as investors weighed the latest economic data.

The S&P 500 slipped 0.3 per cent, losing 13.86 points to settle at 5,473.17, after hitting an all-time high before Wednesday’s Juneteenth holiday break. The Nasdaq Composite also retreated from its record, declining 0.8 per cent, or 140.64 points, to 17,721.59. Bucking the trend, the Dow Jones Industrial Average climbed 0.8 per cent or 299 points to reach 39,134.76.

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AI powerhouse Nvidia fell 3.5 per cent, despite initial gains. The chipmaker recently surpassed Microsoft…

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