U.S. Stock Market Today: S&P 500, Dow Jones, Nasdaq down. Check Nvidia, Tesla stocks' performance

U.S. Stock Market index S&P 500 fell 0.3 per cent after erasing an earlier drop of 1 per cent. The Dow Jones Industrial Average lost 0.4 per cent, and the Nasdaq composite fell 0.3 per cent.

Markets in Europe and Asia had considerably larger losses, when oil prices were higher earlier in the day. If oil prices stay high, the worry is that they could cause inflation to rip higher around the world.

On Thursday, S&P 500 fell 18.21 points to 6,606.49, Dow Jones Industrial Average fell 203.72 points to 46,021.43, Nasdaq composite fell 61.73 points to 22,090.69, Russell 2000 index of smaller companies rose 16.07 points to 2,494.71.


Brent crude was up but well off session highs of $119 a ​barrel after Iran attacked ​energy targets overnight in the Middle East, leading the U.S. government to take steps ⁠to expand supply.

U.S. Stock Market Stocks

Micron Technology dropped 3.8 per cent after the memory chipmaker's quarterly forecast ​failed to impress investors who have sent its shares soaring over 50 per cent this ​year on strong demand related to AI. Nvidia, the world's most valuable company, lost 1 per cent. Tesla slid 3.2 per cent. The National Highway Traffic Safety Administration escalated its probe into 3.2 million Tesla vehicles with Full Self-Driving driver-assistance on concerns the system may fail to detect or warn drivers in poor visibility.

The S&P 500, Nasdaq and Dow were below their 200-day ​moving averages, underscoring a ​loss of momentum in the ⁠market.

The S&P 500 has lost over 3 per cent in 2026 and is trading at four-month lows. Prices of precious metals declined, with miners Newmont and Freeport-McMoRan down 6.9 per cent and 3.3 per cent, respectively. Data on Thursday showed weekly jobless claims unexpectedly ​fell last week, pointing to stable labor-market conditions and a rebound in job growth in March.

Declining stocks outnumbered rising ones within the S&P 500 by a 1.4-to-one ratio. The S&P 500 posted 17 new highs and 26 new lows; the Nasdaq recorded 30 new highs and 276 new lows. Volume on U.S. exchanges was 20 billion shares traded, about average with the 20 most recent sessions.