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The S&P 500 index declined following a sharp drop in NVIDIA shares after its earnings report, raising concerns about overvaluation in Big Tech stocks. Analysts highlight that investors are increasingly worried that tech giants are trading at inflated valuations relative to their fundamentals. The sell-off reflects broader market anxiety about profit-taking and potential regulatory pressures on high-growth sectors. This development could weigh on US equity markets, particularly in the tech-heavy Nasdaq, and may influence investor sentiment globally.
