Stock Market Today: Nvidia Slides Despite Bullish Analyst Revisions

Nvidia (NASDAQ: NVDA) shares fell 3.5% on Tuesday, closing at $175.64, as tech stocks broadly pulled back following a recent rally. The chipmaker traded 183 million shares, just above its three-month average of 181 million, signaling a cooling of momentum after reaching record highs earlier this month.The broader markets reflected similar unease. The Nasdaq Composite dropped by 1.5%, while the S&P 500 lost 0.6%. Concerns over valuation, interest rate outlooks, and profit-taking hit growth and tech names hardest.Peers in the semiconductor space also struggled. Advanced Micro Devices (NASDAQ: AMD) declined 5.4% to $166.55, while Broadcom (NASDAQ: AVGO) slipped 3.6% to end the session at $294.91. The across-the-board pullback in chips suggests investors are taking profits after a strong summer run.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool