Dow's 700-point gain wiped out in rollercoaster trading day as Nvidia rally fizzles

Wall Street stocks fell on Thursday in a sharp reversal from an early rally, as technology gains faded after a boost from Nvidia’s earnings and US jobs data muddied the labor market outlook.The Dow Jones Industrial Average tumbled 386 points, or 0.8%, to 45,752. The blue-chip index had risen more than 700 points earlier in the session. The S&P 500 lost 1.6%, and the Nasdaq slipped nearly 500 points, or 2.2%.Nvidia closed down 3% after surging as much as 5% earlier in the day. Most chip-related companies als ...