Nvidia and Markets React to Triple Witching Frenzy

1 min read
Source: Yahoo Finance
Nvidia and Markets React to Triple Witching Frenzy
Photo: Yahoo Finance
TL;DR Summary

The S&P 500 fell amid the "triple witching" event, which saw the expiration of $5.5 trillion in options and futures contracts, causing significant market volatility. Nvidia experienced a roller-coaster ride, nearly erasing a 5% plunge before falling again. The event comes as markets prepare for the second half of 2024 and potential Federal Reserve actions.

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