Nasdaq down -1.50% helped by Nvidia warning
Nviidia is buying and selling down -18% after slashing income forecast for the present quarter and blaming China. That has the NASDAQ composite index down -1.52% at 7056.28
The opposite numbers for the foremost indices are exhibiting:
S&P index -28.7 factors or -1.08% at 2636The Dow industrial common -314 factors or -1.28%at 24424
Caterpillar reported earnings earlier and likewise cited China of their report. Intel final week claimed China for decreasing first-quarter steerage. Apple launch earnings after the shut tomorrow. They’ve already warned however will one other shoe drop?
China. China. China.