Why Nvidia Stock Jumped in a Wildly Volatile Day for the Market
Nvidia (NASDAQ: NVDA) stock posted gains in Monday's wild day of trading. The company's share price closed out the day up 3.5% and had been up as much as 7.9% earlier in the session. On the other hand, the stock had also been down as much as 8.2% in the day's trading.The stock market saw incredible volatility today as investors reacted to emerging news on tariffs. Major indexes opened the day's trading deeply in the red but managed to recover as the day progressed. The S&P 500 index ended the day down 0.3%, and the Nasdaq Composite actually managed to close out the session up 0.1%. Nvidia and other growth-dependent tech stocks saw big sell-offs early in the day as investors reacted to comments from President Trump about the potential for additional tariffs on China. In a message posted to Truth Social, the president threatened to implement an extra 50% tariff on Chinese goods if the country did not eliminate a new 34% import tax that it has implemented in response to a corresponding tariff move from the U.S.Continue reading
Nvidia (NASDAQ: NVDA) stock posted gains in Monday's wild day of trading. The company's share price closed out the day up 3.5% and had been up as much as 7.9% earlier in the session. On the other hand, the stock had also been down as much as 8.2% in the day's trading.
The stock market saw incredible volatility today as investors reacted to emerging news on tariffs. Major indexes opened the day's trading deeply in the red but managed to recover as the day progressed. The S&P 500 index ended the day down 0.3%, and the Nasdaq Composite actually managed to close out the session up 0.1%.
Nvidia and other growth-dependent tech stocks saw big sell-offs early in the day as investors reacted to comments from President Trump about the potential for additional tariffs on China. In a message posted to Truth Social, the president threatened to implement an extra 50% tariff on Chinese goods if the country did not eliminate a new 34% import tax that it has implemented in response to a corresponding tariff move from the U.S.
