S&P 500, Nasdaq Pare Losses Near Key Support; MongoDB, Nvidia, SLB In Focus
S&P 500, Nasdaq Pare Losses Near Key Support; MongoDB, Nvidia, SLB In Focus  
Podcast: Stock Market Today With IBD
Published On: Tue Aug 08 2023
Description: The major indexes retreated, with the S&P 500 and Nasdaq nearing their 50-day moving averages before paring losses. Many leading growth stocks suffered hefty losses, including MongoDB. But market rally leader Nvidia continues to hold strong. SLB is flirting with a buy point after a brief shakeout Tuesday morning. Learn more about your ad choices. Visit megaphone.fm/adchoices