Tech-Led Global Sell-Off: Stocks Slide Ahead of Nvidia Corporation Earnings and Jobs Data

Tech-Led Global Sell-Off: Stocks Slide Ahead of Nvidia Corporation Earnings and Jobs Data

U.S. equities posted notable declines: the S&P 500 down 0.9 %, Dow down 1.2 %, and the Nasdaq falling 0.8 %. AI-heavy names, led by Nvidia, were under pressure as investors assessed whether the recent valuation surge is justified. Added to investor worries: upcoming economic data including jobs figures, manufacturing indices, and the first readings since the prolonged U.S. government shutdown. With yields slipping and risk sentiment cooling, tech stocks bore the brunt.