Italia markets open in 6 hours 2 minutes
  • Dow Jones

    33.717,09
    -260,99 (-0,77%)
     
  • Nasdaq

    11.393,81
    -227,90 (-1,96%)
     
  • Nikkei 225

    27.425,36
    -8,04 (-0,03%)
     
  • EUR/USD

    1,0861
    +0,0005 (+0,04%)
     
  • BTC-EUR

    21.058,98
    -909,52 (-4,14%)
     
  • CMC Crypto 200

    518,77
    -19,10 (-3,55%)
     
  • HANG SENG

    22.221,67
    +151,94 (+0,69%)
     
  • S&P 500

    4.017,77
    -52,79 (-1,30%)
     

Why Nvidia, Alphabet, and Other Tech Stocks Slumped Friday

Why Nvidia, Alphabet, and Other Tech Stocks Slumped Friday

A broad array of stocks traded lower on Friday as investors focused on the state of the economy and the Federal Reserve's ongoing campaign to battle persistent inflation. With that as a backdrop, as of 1:30 p.m. ET, shares of Nvidia (NASDAQ: NVDA) had slumped by 3.1%, Palo Alto Networks (NASDAQ: PANW) was trading down by 2.9%, Snowflake (NYSE: SNOW) was off by 2.3%, and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) had slipped by 1.1%.