US Stocks Decline Again As Trade Tensions Mount Ahead of Nvidia Earnings
US stocks dropped for the third consecutive session on Monday, marking the longest losing streak of 2024 for the S&P 500. Vulnerable investor sentiment stems from Trumpโs reiterated tariff threats and uncertainty ahead of Nvidiaโs earnings report.
Market Catalysts
- The S&P 500’s decline highlights growing caution among investors.
- Chinese stocks, initially affected by new White House restrictions, managed to bounce back in premarket trade.
Nvidia Earnings Anticipation
Investor eyes remain fixated on Nvidiaโs upcoming earnings release, which could heavily influence AI market trends.