Nvidia slump worsens, Broadcom, U.S. stocks trade in the red
Update: 2024-12-17
Description
It’s a busy Tuesday for Wall Street traders as U.S. stocks kicked off the day trading in the red. Today on Morning Brief, anchors Seana Smith and Brad Smith tackle the biggest market stories and speak to top Wall Street experts ahead of the opening bell. Our hosts analyze some of the top trending tickers: Broadcom (AVGO), Pfizer (PFE).
Takeaways:
- U.S. stocks trading in the red today as the Federal Reserve kicks off its two-day meeting in Washington D.C.
- Nvidia (NVDA) slump worsens as the stock enters correction territory. Down 11% from its record-closing high in November.
- Data being released regarding retail sales is offering insight into holiday shopping health. The number is coming in higher than analyst estimates and is bolstered by a surge in car purchases that matched more mixed spending elsewhere.
Yahoo Finance's flagship show, Morning Brief, is the ultimate guide to making smarter portfolio decisions.
Find this and other episodes of Morning Brief here.
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Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.
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