Stock Market Today: S&P 500, Nasdaq End Lower as Nvidia Sinks

The Dow Jones Industrial Average, on the other hand, closed higher thanks to strength in Salesforce.

closeup of financial chart with yellow and teal bars and bright pink moving average
(Image credit: Getty Images)

Stocks opened modestly higher Thursday but two of the three indexes were in the red by lunchtime as mega-cap chipmaker Nvidia (NVDA) swung lower.  

Starting with today's economic news. Data from the Labor Department showed that initial jobless claims fell by 5,000 last week to 238,00, more than economists expected.

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.