1605 ET - Losses in big technology companies lead U.S. stocks lower as Nvidia's flagship AI conference gets underway. Chief Executive Jensen Huang says continued advances in AI will require at least 100 times the computing needs believed even a year ago. Tesla loses another 5.3%, extending its recent decline. Renewed tensions in the Middle East increases investors flight to safety, as Israel launched a series of attacks against Hamas targets across the Gaza Strip. Gold extends its record run above $3,000 an ounce. DJIA falls 260 points, or 0.6%, to 41581, the S&P 500 loses 1% to 5614 and the Nasdaq drops 1.7% to 17504. (patrick.sullivan@wsj.com)
(END) Dow Jones Newswires
March 18, 2025 16:06 ET (20:06 GMT)
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