Wall Street Tanks As Nvidia Warns Of $5.5B Hit, Powell Flags Slower Growth

featured-image

U.S. stocks dropped as Nvidia warned of charges from new U.S. chip export curbs to China. Fed Chair Powell noted slowing growth and higher inflation. Dow fell 1.73%, S&P 2.24%, Nasdaq 3.07%.

U.S. stocks dropped as Nvidia warned of charges from new U.

S. chip export curbs to China. Fed Chair Powell noted slowing growth and higher inflation.



Dow fell 1.73%, S&P 2.24%, Nasdaq 3.

07%..