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Stocks Close Lower As Middle East Tensions Rise Again; Nvidia Tests Key Level

Stocks Close Lower As Middle East Tensions Rise Again; Nvidia Tests Key Level

An erratic Nasdaq composite reversed back into negative territory Thursday and closed down more than 0.5%, as tensions in the Middle East bubbled up again. Chip giant Nvidia rallied nearly 0.8% as it tested a key technical level, the 50-day moving average. Taiwan Semi was not the sole chip play down.