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Top Stock Movers: Nvidia Slips, Halliburton and BigBear Ai soars
Yahoo Finance·2025-09-24 01:30

Market Performance - The S&P 500 and DJIA reached new 52-week highs but closed lower by 0.6% and 0.2% respectively, while the Nasdaq fell by 0.9% [2] - The Russell 2000 also hit a 52-week high at $2488.84 but ended the day down 0.2% [2] - Major tech stocks like Nvidia and Amazon saw significant declines, with Nvidia down 2.8% and Amazon down 3% [2][8] Sector Performance - The energy sector performed well, driven by rising oil and gas prices, with Halliburton being a top performer, up 7.3% [3][9] - BigBear.ai holdings also showed strong performance, increasing by 12.8% [3] Economic Indicators - Fed Chair Jerome Powell indicated slow job growth and rising inflation, suggesting unstable economic conditions [4] - The unemployment rate has edged up, job gains have slowed, and inflation remains elevated, indicating potential stagflation [5][8] Notable Stock Movements - Generac Holdings Inc was the worst performer, down 10.3% [7] - Other notable declines included Vistra Corp at -6.3%, Synopsys Inc at -4.8%, and Oracle Corp at -4.4% [12] - Intel saw a slight increase of 2% amidst concerns regarding Nvidia's investments [12]