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US Stock Market Close: NVIDIA Plunges 17%, Marking the Largest Market Cap Vaporization in US Stock Market History

BlockBeats News, January 28th, U.S. Stock Market Close: The Dow Jones Industrial Average is preliminarily up 0.6%, the S&P 500 Index is down 1.4%, and the Nasdaq is down 3%. Nvidia (NVDA.O) closed down nearly 17%, with a market value loss of about $600 billion, marking the largest in U.S. stock market history.

The Philadelphia Semiconductor Index plummeted by 9%, with Broadcom (AVGO.O) falling by 17.4%, TSMC (TSM.N) by 13%, and Microsoft (MSFT.O) by 2%. (Jinse)

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U.S. Pre-market Plunge: Seven Tech Giants Lose Over $500 Billion, Crypto Market Loses $100 Billion

On February 28, the US stock market experienced significant volatility due to Trump's remarks and economic data. The S&P 500, Nasdaq, and Dow Jones indices all fell, leading to a substantial decrease in Nvidia's market capitalization. The cryptocurrency market also took a hit, with Bitcoin and Ethereum prices declining. Market panic intensified, but the crypto industry remained optimistic about regulatory changes.

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