Forexlive
Tough to pin down what's behind the heavy stock market selling today
It's a rough one in US stock markets today:S&P 500 -1.6%Nasdaq Comp -2.3%Russell 2000 2.5%It's also a bit of a headscratcher as there is no obvious trigger for the decline. Let's look at some possible culprits.1) Chip stocksI lean on the AI theme in part because those are some of the biggest loser today. Nvidia is down 4.2% and threatening the lowest close since Oct 23.
Source: Finnhub