![US equities hit fresh lows: NVDA stock under pressure US equities hit fresh lows: NVDA stock under pressure](https://shmi.ir/wp-content/uploads/2023/08/US-equities-hit-fresh-lows-NVDA-stock-under-pressure-150x203.jpg)
[ad_1] Nvidia stock (NVDA) is leading a slump in the Nasdaq and has helped to push the index to the lows of the day. The high-flying chipmaker is among the most highly valued stocks in the world, and certainly the highest-valued big-cap tech company. It’s trading near 40x trailing sales and has been a major