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Friday’s 3% Slide Sets Up CPI, TSMC Sales and GTC Test

Friday’s 3% Slide Sets Up CPI, TSMC Sales and GTC Test

New York, March 7, 2026, 2:06 PM EST — Market is closed

Nvidia ended Friday at $177.82, off 3.0%, after higher oil and a disappointing U.S. jobs number spooked growth stock holders. Wall Street stays closed Saturday, leaving investors to weigh whether Nvidia’s slide reflects broader macro jitters, or if expectations around the AI leader remain out of reach. Reuters

The market’s still watching for clarity on AI spending. Over the past two days, Broadcom and Marvell each flagged steady demand for AI chips and networking hardware. But with oil climbing past $90 a barrel, investors are also bracing for a new round of U.S. inflation data. Reuters

Nvidia managed to fuel both sides of the debate late last month. The…

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