Today's Post - https://bahnsen.co/4cXvPC2https://www.cnbc.com/2024/09/03/nvidia-tumbles-leading-chip-stocks-lower.htmlMarket Recap: Tech Sell-off and Economic Data AnalysisIn this edition of Dividend Cafe, David Bahnsen, Chief Investment Officer at the Bahnsen Group, provides an update on market performance for the Tuesday, September 3rd, following the Labor Day holiday. Bahnsen discusses the significant downturn in the major indexes with the S&P 500 down 2.1%, NASDAQ down 3.25%, and the Dow Jones down 1.5% due to a tech-driven sell-off led by semiconductor stocks like NVIDIA. He also covers the mixed economic data, including the fifth month of contraction in ISM manufacturing numbers and the upward revision of the Q2 real GDP. Additionally, Bahnsen touches on NVIDIA's financial metrics, the broader distribution trends in market sectors, and current geopolitical events. The episode concludes with a discussion on bond yields, midstream energy sector performance, and expected Federal Reserve rate hikes.Links mentioned in this episode:DividendCafe.comTheBahnsenGroup.com