closing bell
Closing Bell 4th September: NVDA drops and gets antitrust probe from DOJ. XJO falls as it follows chips lower
The Australian sharemarket slumped 1.8% by midday on Wednesday, with the S&P/ASX 200 Index falling 146.5 points to 7956.7. All 11 sectors were in the red, marking the market’s largest sell-off since August 5. The decline followed a sharp drop in US stocks, where the Dow Jones fell 1.5%, the S&P 500 lost 2.1%, and the Nasdaq dropped 3.3%, driven by a 9% fall in Nvidia shares.
Jonathan Tacadena
September 4, 2024
