Stock Market Plummets Despite Strong Earnings

US stock markets plummeted on Thursday, reversing earlier gains despite robust earnings from Nvidia and Walmart. The Nasdaq Composite suffered the steepest drop, falling over two percent. The markets sudden shift left investors baffled, following an initially positive start. Nvidias earnings, initially boosting confidence, ended with a three percent drop. The September jobs report, while adding jobs, also showed a slight unemployment rate increase. The markets uncertainty persists as investors await the Federal Reserves next moves.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.