
- U.S. stocks slid as the S&P 500 fell 0.69% and Nvidia dropped 1.95% yesterday. Analysts warn that outsize valuations in a few tech giants (especially Nvidia) have created a concentration risk in U.S. stocks reminiscent of past bubbles.
The S&P 500 lost 0.69% yesterday. Nvidia, however, lost more than twice that—down 1.95%. Additionally, the bond market is unhappy with long-term yields going up as investors lose faith in the credibility of governments who want their financing.