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Wall Street trades lower as Nvidia share sale triggers tech sector pullback
US stocks declined modestly after Nvidia share sale triggered tech pullback; S&P 500 fell 0.
US equities opened softer on November 11 as major tech stocks faced selling pressure following reports of an Nvidia insider stake sale. The S&P 500 slipped 0.3 %, Nasdaq Composite 0.5 %, and Dow Jones 0.2 %. Investors rotated into defensive sectors such as utilities and healthcare, while semiconductor and AI-linked names lagged. Treasury yields eased to 4.41 % amid renewed demand for safe-haven assets. Despite profit-taking in technology, market breadth stayed balanced with most sectors still posting year-to-date gains.