Nasdaq Drops 2.8% as Nvidia Faces Competition, Tariff Concerns Add Pressure
The Nasdaq plunged to a nearly four-month low while the S&P 500 and Dow also slid. Nvidia's strong earnings turned sour with a warning about rising global competition.
Sensex, Nifty tumble by 1% in early trade; Breadth weak
IST, the barometer index, the S&P BSE Sensex, declined 751.63 points or 1% to 73,865. The Nifty 50 index dropped 224.55 points or 1% to 22,320.50.