U.S. Stock Market prediction: S&P 500, Nasdaq, Dow Jones to crash on Monday? Nvidia stocks, AI worries, US-Iran war likely driving factors

Market Overview - The S&P 500 fell by 29.98 points to 6,878.88, while the Dow Jones Industrial Average dropped 521.28 to 48,977.92, and the Nasdaq composite sank 210.17 to 22,668.21 on Friday [1][7]. Nvidia Performance - Nvidia's share price decreased to $177.80 in pre-market trading on Sunday, marking a 4.2% decline on Friday, making it the heaviest weight on the U.S. stock market [2][7]. - Despite reporting better-than-expected profits and forecasting increased revenue for the current quarter, Nvidia experienced its worst loss since last spring [2][7]. AI Industry Concerns - Wall Street is reacting negatively to companies perceived as potential losers in the artificial intelligence revolution, leading to rapid sell-offs across various industries, including trucking logistics and legal services [5][7]. - There are concerns regarding whether major tech companies like Amazon and Alphabet can recoup their substantial AI investments through enhanced productivity and profits in the future [6][7]. Oil Market Impact - The ongoing US-Israel conflict against Iran has influenced oil prices, with benchmark U.S. crude rising by 2.8% to settle at $67.02 per barrel, and Brent crude increasing by 2.4% to $72.48 per barrel [6][7]. - Analysts express fears that an escalation in the Middle East could disrupt global oil supply chains and further elevate prices [7].