US stocks closed lower on Thursday as a sharp fall in Nvidia shares following the departure of its CEO Jensen Huang weighed on the broader market, offsetting gains in energy stocks amid rising oil prices.
U.S. shares have swung between declines and gains from Nov. 6 through Nov. 12, with technology stocks a recurring focus. Xinhua reported a rebound on Nov. 12, while Baton Rouge Post and easternriverinachronicle.com.au said U.S. markets ended higher on Wednesday, led by technology shares. Nigeria Sun reported that the Dow gained 1,104 points and the Nasdaq rose 2.74% on Monday; reports have not established one consistent cause for the moves, though Xinhua linked the latest rally to CoreWeave and Nigeria Sun described a broader market rise.
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