S&P 500, Nasdaq Pare Losses Near Key Support; MongoDB, Nvidia, SLB In Focus

from Stock Market Today With IBD · host Investor's Business Daily

The major indexes retreated, with the S&P 500 and Nasdaq nearing their 50-day moving averages before paring losses. Many leading growth stocks suffered hefty losses, including MongoDB. But market rally leader Nvidia continues to hold strong. SLB is flirting with a buy point after a brief shakeout Tuesday morning. Learn more about your ad choices. Visit megaphone.fm/adchoices

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This episode was published on August 8, 2023.

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