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Barchart
Rich Asplund

Stocks Reverse Course as Nvidia Earnings Rally Fades, VIX Spikes

The S&P 500 Index ($SPX) (SPY) today is off by -0.19%, the Dow Jones Industrials Index ($DOWI) (DIA) is down by -0.21%, and the Nasdaq 100 Index ($IUXX) (QQQ) is lower by -0.49%.  December E-mini S&P futures (ESZ25) are down -0.43%, and December E-mini Nasdaq futures (NQZ25) are off -0.69%.

US stock indexes opened sharply higher today after Nvidia's robust revenue forecast eased valuation concerns and dispelled fears of a potential bubble in the artificial intelligence industry. However, benchmark indices are following Nvidia into the red this afternoon as the AI chip giant erases its intraday gains to trade lower.  

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