Nvidia Stock (NVDA) Leads Decline in US, as Dax and Euro Markets Struggle

Tech Stocks Under Pressure Amid Market Uncertainty

The stock market heatmap reflects a challenging session for the tech sector, with Nvidia (NVDA) leading the downturn. The semiconductor giant plunged 5% at the open, following a sharp bearish gap at the start of the US trading session. While the sentiment has slightly improved throughout the session, Nvidia is still down nearly 3%, currently trading at $106.70, after opening at $105 and briefly touching a low of $103.65.

Nvidia Stock Chart Daily – The 200 SMA Held As Support

Since peaking at $153 in early January, NVDA has fallen nearly 30%, establishing a bearish trend with lower highs. However, today’s sell-off found support at the 200-day moving average, suggesting that a potential bounce or short-term stabilization may be in play.

Global Stock Market Weakness Weighs on Sentiment

The negative sentiment was fueled by renewed concerns over trade tariffs, which weighed heavily on Asian and European markets before spilling into US trading. European indices, including Germany’s DAX and France’s CAC 40, closed lower, as investors remained cautious amid economic uncertainty and industry-specific headwinds.

Sector Performance: Defensive Stocks Outperform

Consumer cyclical stocks also struggled, with Tesla (TSLA) down 2.5% and Amazon (AMZN) declining 3.2%. However, defensive sectors showed relative strength, with Procter & Gamble (PG) rising 1.3% and Coca-Cola (KO) gaining 1%, signaling a shift toward safer assets as volatility persists.

Tech stocks continue to be under pressure, particularly in the semiconductor sector, with Nvidia at the forefront of the decline. While global markets remain fragile, defensive stocks are providing a safe haven for investors seeking stability. Moving forward, market direction will likely be influenced by further developments in trade policy, economic data, and corporate earnings.