Stock Market Today: Quantum Sell Off, AMD Double Downgrade, EBAY Tops S&P 500
Description
Three indices closed higher while the RUT closed lower. The weakness in small caps came from heavy selling in quantum stocks over commentary by Nvidia (NVDA) CEO Jensen Huang. One of Nvidia's competitors, AMD Inc. (AMD), traded lower due to a double downgrade from HSBC. eBay Inc. (EBAY) flexed strength in the SPX thanks to a new deal with Meta Platforms (META). Caroline Woods talks about the trading day's biggest stories.
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