The Nasdaq Slips as Micron Falls 6% to Kick Off Nvidia's Big Week
The companies that make AI hardware fell Monday while the ones that buy it rose. That split sets up a huge week for Nvidia.
Overview
Here's a familiar sight: memory chip stocks are falling hard on a report about China, and the rest of the market is trying to decide how much it cares. The Dow shrugged it off. The Nasdaq did not.
The Dow Jones Industrial Average (DJINDICES: ^DJI) is up 0.24% as of 11:41 a.m. ET. The S&P 500 (SNPINDEX: ^GSPC) has slipped 0.33% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) is down 0.61%, weighed by its heavier high-tech hardware exposure.
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Source
Originally published at www.fool.com.
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