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Technology

Wall St gives up early gains as tech stocks slide on Nvidia turmoil

Jake Thompson
Reporter · Friday, November 13, 2026 at 3:18 PM · 1 min read
Wall St gives up early gains as tech stocks slide on Nvidia turmoil — Fargo Technology news

Nov 13 (Reuters) – The major US stock indexes gave back their ​gains shortly after ‌market open on Friday, with tech stocks under renewed pressure as investors fretted ‌over ​the potential fallout ⁠of the ⁠controversy surrounding Nvidia. Data that showed October producer prices were slightly softer than ​expected, did little to ease sentiment. At 10:08 ⁠a.m. ET, ⁠the Dow Jones ​Industrial Average fell 96.34 points, ​or 0.18%, to 52,200.75, ‌the S&P 500 lost 53.03 points, or 0.70%, to 7,539.37, and ⁠the Nasdaq Composite lost 273.08 points, or 1.08%, to 25,093.01. Declining ⁠issues ‌outnumbered advancers by ⁠a 1.28-to-1 ratio ​on ‌the NYSE and ​by a ⁠1.75-to-1 ratio on the Nasdaq. (Reporting by Niket Nishant and Utkarsh Hathi in Bengaluru; Editing by Pooja ​Desai)

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