NY Stocks Retreat Following Nvidia CEO Departure

Major United States stock indices finished Thursday's trading session in negative territory. The Dow Jones fell 0.36 percent while the S&P 500 dropped 0.35 percent and the Nasdaq declined 0.39 percent.

Nvidia led the losses with a 4.34 percent devaluation after the confirmation of Jensen Huang's departure from the CEO and board chair positions. CFO Colette Kress has taken interim command at a time when the company faces an antitrust investigation led by the United States Department of Justice.

The technology sector showed mixed performance amid the crisis. While companies like AMD and Broadcom recorded gains, other names in the chip and cloud computing segments suffered sharp declines along with platforms linked to the crypto asset market.

The geopolitical landscape deepened investor caution as hostilities involving Iran escalated. Reports of new bombings and alerts between the United States and Israel increased the perception of global risk during the session.

Beyond technological and military uncertainties, the agribusiness sector faced strong pressure. Corteva fell 24.30 percent after reporting a 31 percent reduction in organic sales in Latin America, which points to concerns regarding the sector's performance in Brazil.