NVIDIA plummeted 7.3%, the Nasdaq dropped over a thousand points, and the VIX volatility index surged 40% intraday

According to Gate market data, Nvidia fell 7.3%, marking the largest intraday drop since April 2025.

The VIX, the fear index for U.S. stocks, rose by 40.0% during the day, reporting at 23.28. The S&P 500 index's decline widened to 2.4%; the Dow Jones Industrial Average dropped over 700 points, with a decline of more than 1.3%; the Nasdaq fell over a thousand points, with a decline of more than 3.9%; the Nasdaq 100 index dropped 1300 points, with a decline of over 4.5%; the semiconductor index fell by about 900 points, with a decline of 8.7%.