Summary
US stock indexes fell on Thursday despite positive business news from companies like Nvidia and Walmart. Concerns about an AI investment bubble and uncertainty over interest rates contributed to investor worries. The S&P 500, Dow Jones, and Nasdaq all saw significant declines.
Key Facts
- US stock indexes, including the S&P 500, Dow Jones, and Nasdaq, dropped on Thursday.
- Nvidia's strong results and Walmart's sales did not ease market concerns.
- Bitcoin's price also fell, partly due to worries about AI valuations.
- Experts warn of a potential AI investment bubble, despite reassurance from Nvidia's CEO.
- Uncertainty remains about future interest rate changes and inflation data.
- Investors are cautious due to mixed job reports and economic signals.
- The S&P 500 is on track for its worst month since March, dropping more than 4% in November.