Dow Jones drops more than 200 points as Nvidia slide after earnings rattles tech mood
The Dow Jones Industrial Average fell 231 points to 49,251 by midday Thursday, dragged down by declines in Nvidia and Caterpillar. Nvidia shares dropped 4.5% despite strong earnings and a bullish sales forecast. Weekly jobless claims rose slightly to 212,000. Investors await Friday’s U.S. producer price index for further inflation signals.