US Stocks Decline As SMCI's Margin Miss Brings Nvidia And Other AI Stocks Under Pressure: Investor Sentiment Remains In 'Extreme Fear' Zone
SMCISuper Micro Computer(SMCI) Benzinga·2024-08-08 14:58

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Extreme Fear” zone on Wednesday.U.S. stocks settled lower on Wednesday, after recording gains earlier during the session.On the economic data front, the Manheim Used Vehicle Value Index rose 2.8% month-over-month for July. Mortgage applications rose by 6.9% from the prior week in the period ending August 2.Shares of NVIDIA Corporation NVDA fell 5.1% on Wednesday, while Super Micro Computer S ...