Wall Street indexes fall as Nvidia CEO exits and rate worries grow

Wall Street's main indexes closed lower on Thursday, November 12, following Jensen Huang's departure from Nvidia and rising bond yields that fueled concerns about a potential Federal Reserve interest rate hike. The Dow Jones fell 0.36%, the S&P 500 lost 0.35%, and the Nasdaq dropped 0.39%. Nvidia's stock declined 4.3% after its founder and CEO resigned, though it recovered from earlier losses of up to 14%. Competitors AMD and Broadcom rose, while Nebius plunged 16.8% after its earnings report. Rising US Treasury yields have led markets to price in a 25-basis-point rate increase in December. The energy sector gained 1.5% on higher oil prices following Donald Trump's comments on Iran. Despite Thursday's losses, the Nasdaq and S&P 500 remain up 3.2% and 2.9% respectively for the week.