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US Stock Market Close: NVIDIA Plunges 17%, Marking the Largest Market Cap Vaporization in US Stock Market History

2025-01-28 05:02

BlockBeats News, January 28th, U.S. Stock Market Close: The Dow Jones Industrial Average is preliminarily up 0.6%, the S&P 500 Index is down 1.4%, and the Nasdaq is down 3%. Nvidia (NVDA.O) closed down nearly 17%, with a market value loss of about $600 billion, marking the largest in U.S. stock market history.


The Philadelphia Semiconductor Index plummeted by 9%, with Broadcom (AVGO.O) falling by 17.4%, TSMC (TSM.N) by 13%, and Microsoft (MSFT.O) by 2%. (Jinse)

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