Nvidia stock fell more than 5% on Friday after the US Nonfarm Payrolls (NFP) data for February distressed the market. February hiring was ahead of consensus, but January data saw a large-scale revision lower, while the Unemployment Rate rose to match the two-year high at 3.9%.
Nvidia stock fell more than 5% on Friday after the US Nonfarm Payrolls (NFP) data for February distressed the market. February hiring was ahead of consensus, but January data saw a large-scale revision lower, while the Unemployment Rate rose to match the two-year high at 3.9%. Nvidia closed Friday down 5.6% at $875.28, while the S&P 500 fell 0.65% and the NASDAQ dropped 1.16% in an unusually volatile session.
Arm Holdings (ARM), Advanced Micro Devices (AMD) and Super Micro Computer (SMCI) all ended the session lower as well
Nvidia Stock US NFP Data Market February Hiring January Revision Unemployment Rate
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