Core Viewpoint - Markets experienced a decline, with oil and gold prices also falling, following a period where many indexes reached record highs due to positive sentiment surrounding U.S. and China trade talks [1] Market Performance - The overall market trend was mostly lower after previous sessions of record highs [1] - The decline in oil and gold prices coincided with the market downturn [1] Trade Sentiment - Positive sentiment regarding trade discussions between the U.S. and China contributed to the earlier record highs in market indexes [1]

Nvidia (NASDAQ: NVDA ) has experienced the brunt of the pain following the imposed trade restrictions for selling H20 GPUs to Chinese customers. Despite the existing policy being baked into consensus estimates for eQ2'26, I suspect that a trade Analyst's Disclosure:I/we have a beneficial long position in the shares of NVDA, MRVL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ...