Nvidia beats Wall Street but sellers drag down market

Nvidia’s latest blowout profit report is being waved off by Wall Street on Thursday, and it is dragging the US market down. The S&P 500 fell 0.8 per cent following its swivels earlier in the week, driven by hopes and worries created by the artificial intelligence revolution. The Dow Jones Industrial Average was down 12 points, or less than 0.1 per cent, as of 1:48 p.m. Eastern time, and the Nasdaq composite was 1.6 per cent lower. Nvidia, whose chips are helping to power the AI boom, reported another stella ...