Dow Plunges 225 Points Amid Tech Selloff
NVIDIA Corp. and Caterpillar shares led the way in losses as the Dow Jones Industrial Average plummeted nearly 225 points.
The decline was largely driven by a selloff in tech stocks, with NVIDIA Corp. experiencing significant losses amidst concerns about its GPU market share and profitability.
Caterpillar's shares also took a hit due to decreased demand for heavy machinery and the company's reliance on global supply chains.