On June 17, 2025, U.S. stock markets faced a notable decline, with the S&P 500 falling 1.99% to 2,980.65, the Dow Jones Industrial Average dropping 2.44% to 24,980.23, and the Nasdaq Composite decreasing 1.55% to 9,437.46. This downturn was largely influenced by a significant drop in Nvidia's stock, which fell over 7% amid broader market sell-offs. The decline in Nvidia's stock was part of a broader market sell-off, with the technology sector (XLK) also experiencing declines. ca.finance.yahoo.com
The market's decline was further exacerbated by weak economic data, which led to a decrease in the 10-year Treasury yield. This combination of factors contributed to the overall market downturn on June 17, 2025. ca.finance.yahoo.com