Key Highlights
- S&P 500 closed down 0.53%, Dow down 0.09%, and Nasdaq down 1.07%.
- Tech stocks, particularly chip makers and major tech firms, led the market's decline.
- Investors reacted negatively to the start of the fourth quarter earnings season.
- Rising geopolitical risks, especially related to Iran, added pressure on the markets.
- Nvidia shares fell despite recent strong performance.
