Stocks Fall After Jensen Huang’s Ouster From Nvidia
Stocks fell after Nvidia CEO Jensen Huang’s ouster sent shockwaves through the tech sector. Treasury yields and oil futures rose, while the U.S. dollar strengthened on rate-hike expectations.
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10:00:19 PM UTC
SquawkNews
By Jamie McGeeverUS stocks fell on Thursday, as investors digested the dramatic developments at AI giant Nvidia, where CEO Jensen Huang resigned in the wake of multiple reported extramarital affairs, one of which was with an alleged Chinese spy. However, given the seismic nature of the news, and a…
MARKET WRAPSSTOCKS: Stocks fell after the ouster of Nvidia Chief Executive Jensen Huang sent shockwaves through the tech sector.TREASURYS: Treasury yields rose alongside oil futures and inflation expectations.FOREX: The U.S. dollar strengthened against a basket of rivals on rate-hike expectations.C…