🔴 NVIDIA is trading 3.14% down on October 8 as Treasury yields and oil revive inflation concerns

NVIDIA is trading at $230.02, down 3.14%, as rising Treasury yields and oil prices revive inflation concerns and weigh on growth-sensitive stocks.

• Semiconductor shares are under pressure, while the broader market is also lower; the Nasdaq decline reinforces the risk-off backdrop.
• No clear NVIDIA-specific catalyst was identified; the reported buyback authorization does not establish the reason for the decline.