Stock Market Outlook: S&P 500 Faces Volatility Amid Economic Data and Options Event
The S&P 500 index nearly erased its hard-earned gains. Meanwhile, the Nasdaq 100 saw a 1.5% drop, with tech giants Amazon and Nvidia leading the decline. This decline was compounded by reports from Taiwan Semiconductor Manufacturing Co. calling for delays in shipments of high-end equipment, leading to a 2.5% drop in the chipmakers’ shares. The…