Correction in Nvidia shares and the entire sector, dollar reserves, trade wars, company news
• European stocks could pull back on Tuesday after rising earlier this week. These are the technologies that will take a huge hit after Nvidia's slump led to a sell-off in the high-end chip sector on Wall Street. To recap, the S&P 500 lost 0.3% on Monday, compared with a more than 1% drop for the Nasdaq, and the SOX semiconductor index fell more than 3%.
But tech companies' losses have translated into gains in value, as exemplified by the Dow Jones Industrial Average's 0.7% rise. This rotation became a topic in Asia overnight. For example, AI darlings on Japan's Nikkei 225 such as...