The Stock Market Is Struggling. Blame Nvidia, Crypto Stocks.

Core Viewpoint - The stock market is experiencing struggles primarily due to the performance of Nvidia and cryptocurrency stocks, impacting major indices like the S&P 500 and Nasdaq [1][2]. Market Performance - The S&P 500 index is down by 0.6%, while over 350 stocks within the index are set to close higher. The Invesco S&P 500 Equal Weight ETF increased by 0.2%. The Dow Jones Industrial Average decreased by 50 points, or 0.1%, and the Nasdaq Composite fell by 1.1% [2]. Key Contributors to Market Decline - Nvidia is identified as a significant factor dragging down all three major indices. Other notable laggards include Advanced Micro Devices, Oracle, Super Micro Computer, Coinbase Global, Robinhood Markets, and Analog Devices [2].