{
  "id": 19725326,
  "title": "US stocks close lower as Nvidia drop outweighs energy gains",
  "url": "https://urgent.news/2026/11/12/us-stocks-close-lower-as-nvidia-drop-outweighs-energy-gains-19725326",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-12T21:56:10.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/11/13/us-stocks-close-lower-as-nvidia-drop-outweighs-energy-gains"
  },
  "original_language": "en",
  "account": "The S&P 500 closed lower on Thursday as Nvidia shares fell after CEO Jensen Huang's exit. Despite Nvidia's 4.3% drop, the chip company's shares did not reach their lowest point of the day. Retail investors bought Nvidia shares worth about US$111 million in the first half-hour of trading, the highest opening bid on record for the stock. The S&P 500 energy index rose 1.5%, its fourth consecutive session of gains, as crude prices climbed following President Trump's tweet about no Iran deal. AI-linked stocks, including Nebius, fell significantly, with Nebius tumbling 16.8%, its largest daily percentage drop since July 1. Nvidia competitors such as Broadcom, Advanced Micro Devices, and Alphabet gained, contributing to the S&P 500's performance. Equities have been volatile recently due to concerns over potential AI regulation and Nvidia's leadership. The Dow Jones Industrial Average slipped 0.36%, the S&P 500 dropped 0.35%, and the Nasdaq Composite fell 0.39%. Investors are awaiting inflation data, with the Producer Price Index release pending on Friday. Fed officials have hinted at a more aggressive rate hike path amid worsening price pressures.",
  "summary": "Nvidia shares fell 4.3% after plunging nearly 12% earlier, with retail investors snapping up a record US$111 million worth of shares in the first 30 minutes of trading.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Top News",
        "title": "US stocks: US market closes lower as Nvidia slide outweighs energy rally",
        "url": "https://urgent.news/2026/11/12/us-stocks-us-market-closes-lower-as-nvidia-slide-outweighs-energy",
        "published": "2026-11-12T21:15:07.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "US stocks: Equities close lower as Nvidia drop outweighs energy gains",
        "url": "https://urgent.news/2026/11/12/us-stocks-equities-close-lower-as-nvidia-drop-outweighs-energy-gains",
        "published": "2026-11-12T21:56:17.000Z"
      },
      {
        "outlet": "RTHK News - Finance",
        "title": "Wall St down as Nvidia drop outweighs energy gains",
        "url": "https://urgent.news/2026/11/12/wall-st-down-as-nvidia-drop-outweighs-energy-gains",
        "published": "2026-11-12T22:26:24.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}