
NVIDIA Corp (NASDAQ:NVDA) stock is trading lower Tuesday, caught in a broader tech sell-off as rising long-term interest rates spook investors. Here’s what you need to know.
What To Know: The chipmaker's shares are lower in Tuesday trading as the 10-year Treasury yield climbed to 4.29%, creating pressure on high-growth, high P/E stocks. This macroeconomic headwind is making future earnings appear less valuable, prompting a retreat from tech sector leaders.