Market volatility following NVIDIA downgrade and falling oil prices
NVDA NVIDIA Corp
$168.80 -5.53%
View chart & analysis → - 1CNBC Investing Club downgraded NVIDIA from 1 to 2.
- 2Nearly 10% of NVIDIA's two-day decline this week occurred at once.
- 3Jim Cramer said a drop of less than $90 per barrel of oil could affect the Consumer Price Index (CPI).
So what's the key point?
NVIDIA's investment rating was lowered, causing its stock price to fall by nearly 10% over two days. The market is experiencing volatility as falling oil prices could also impact inflation.
Source CNBC · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.