New York — Stocks Swing on Nvidia, Oil Before Paring Early Losses

Wall Street's major indexes swung sharply during Thursday's session as shares of Nvidia and oil prices moved, then recovered most of the day's early losses by the close, according to The Associated Press. The rebound narrowed the day's range after an opening stretch of volatility, AP reported.

What caused Wall Street's early slide?

AP tied the morning drop to swings in Nvidia's share price alongside moves in oil prices, without detailing the specific percentage changes in either market in its report on the session. Nvidia, the chipmaker whose processors underpin much of the current buildout of artificial-intelligence data centers, has repeatedly set the tone for broader trading sessions through 2026 as investors weigh how much companies are willing to keep spending on AI infrastructure.

How much of the loss did stocks recover?

Major indexes clawed back "most" of the session's early losses by the close, AP reported, without specifying the exact point or percentage recovery posted by the Dow Jones Industrial Average, the S&P 500 or the Nasdaq Composite. The size of the swing is a reminder that a single stock and a single commodity can still move benchmarks built from thousands of underlying companies.

Why does Nvidia's stock move the broader market?

Nvidia ranks among the largest U.S. companies by market value, which means swings in its share price carry outsized influence on market-capitalization-weighted indexes such as the S&P 500 and Nasdaq Composite. When a company of that size moves sharply in either direction, the index-level math can tilt the entire market even on a day when most other stocks trade in a narrow range.

What role did oil prices play?

Crude oil functions as a widely watched signal of global growth expectations and input costs for industries well beyond energy, including airlines, shipping and chemical manufacturing, so sharp price moves in oil can spill into equities broadly. AP's report linked oil-price swings to Thursday's volatility alongside Nvidia but did not specify which benchmark, such as U.S. crude or Brent, moved or by how much.

What should investors watch next?

Traders are likely to keep tracking Nvidia's earnings calendar and capital-spending commentary from its largest customers, along with signals on crude-oil supply, as recurring catalysts for market swings, based on the pattern AP described in Thursday's session. The full AP account of the day's trading, including index-level detail as it becomes available, is linked above.