US markets today: Wall Street slips as Nvidia extends losing streak; global rout deepens after Cloudflare glitch

Wall Street experienced another downturn Tuesday, with major tech stocks like Nvidia leading the decline amid concerns of overvaluation. Home Depot’s profit miss and a technical issue affecting Cloudflare further dampened sentiment. Global markets followed suit, with investors awaiting crucial US employment data that could influence the Federal Reserve’s interest rate decisions.

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