US stocks fell collectively, most large tech stocks rose
Bubble signal: 0 · NeutralRelevance 70MarketsUS
Source: 36Kr · Published 2026-08-29
Summary
At the close on August 28, the three major US stock indices fell collectively, with the Dow down 0.02%, the Nasdaq down 0.52%, and the S&P 500 down 0.25%. Most large tech stocks rose, but Nvidia fell 4.57% and Tesla fell 1.71%. Most popular Chinese stocks rose, with the Nasdaq Golden Dragon China Index up 0.44%.
Bubble analysis
Nvidia's single-day drop of 4.57% may reflect concerns about overvaluation in AI hardware, but overall tech stocks rose, indicating mixed market sentiment, which cannot be simply taken as evidence of a bubble bursting.
#nvidia#tech-stocks#stock-market
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