NVDA CEO Resignation Adds to Tech Pressure as "Stealth Bear Market" Forms
From Schwab Network · 00:07:48
Show by Schwab Network
Tech is dragging down the market following Nvidia (NVDA) CEO Jensen Huang’s resignation. Charles Schwab’s Rachel Dashiell says a “stealth bear market” may be developing, with several measures of market breadth looking “stretched.” She says the biggest test for semiconductors will be whether they can reclaim key support levels. Kevin Gordon also points to pressure in other economic indicators, including existing home sales, but says he isn’t seeing significant fundamental weakness in the stock market despite the broader tech sell-off.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/channel/bb1b75050268416e82a557ff6387bff3/browseWatch on Vizio - https://www.vizio.com/en/watchfreeplus/catalog/live-tv-channels/3123029569/schwab-networkWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network: https://schwabnetwork.com/about
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