Wall Street steadies after Nvidia slump as dollar pushes EUR/USD to lowest since April 2025
Wall Street opened sharply lower on a near 13% slump in Nvidia shares after Jensen Huang unexpectedly left the company, then recovered part of the ground to close slightly below opening levels. Four and a half hours after the open, Nvidia was down around 5%. Oil rose nearly 3% amid tensions with Iran, while restrictive comments from Fed officials strengthened the dollar and pushed EUR/USD to its lowest level since April 16, 2025.
In 40 seconds
- Nvidia fell nearly 13% after Jensen Huang's departure and was down around 5% hours after the open
- Wall Street recovered its initial losses and briefly turned positive, but ended below opening levels
- Oil rose nearly 3% amid tensions over Iran and Trump's remark that the US "doesn't need a deal with Iran"
IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.




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