Nasdaq Falls, NVIDIA Leads!

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The U.S. stock market was mostly flat early Tuesday as major indexes retreated from their record highs.


On Monday, the S&P 500 and Nasdaq fell more than 0.6%, while the Dow fell 0.54%, marking its third straight day in the red.


Leading the decline was Nvidia, which fell 2.6% as Chinese regulators launched an antitrust investigation.


The news has weighed on the tech sector, sparking a sell-off in other major giants.


Palantir shares fell 5.1%, AMD fell 5.6%, MicroStrategy lost 7.5%, and Coinbase fell nearly 10%.


AppLovin suffered the worst drop, plunging nearly 15%.


Oracle shares plunged more than 7% in after-hours trading after they reported earnings that fell short of Wall Street expectations.


Investors will be focusing on Wednesday's inflation report, a key indicator that could shape the Federal Reserve's approach to interest rates.


Investors are speculating whether falling inflation could pave the way for a rate cut or if continued price pressures will force the Fed to remain cautious.


This is because, if inflation shows signs of slowing, it may encourage the Fed to cut interest rates, which could boost the economy.


Conversely, if inflation remains high, the Fed may decide to keep interest rates steady or raise them to control rising prices.

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