U.S. Stocks Fall as Nvidia Drops More Than 4% and Oil Prices Rise
All three major U.S. stock indexes fell on November 12, while Nvidia shares dropped more than 4%. Nvidia said Jensen Huang had stepped down as CEO, with its chief financial officer serving as interim CEO. U.S.–Iran relations and tensions in the Gulf raised supply concerns, pushing Brent crude futures up 3.3%.
