Nvidia stock, Hershey Supermicro and more are among the top-moving stocks.

The Key Takeaways

• U.S. equity prices were down in the mid-day session, with tech stocks pulling them lower.
• The Chinese probe of Nvidia has sent the shares of this artificial intelligence chipmaker down.
• Hershey stock rose after a report said that Mondelez would be interested in buying Kisses as well as other chocolate products.

U.S. equity prices fell around midday, as falling tech stocks halted the recent run-up in stock values. The Dow Jones Industrial Average, S&P 500, and Nasdaq were all lower.

Nvidia shares (NVDA), which are owned by Chinese authorities, dropped after they began investigating the company for possible monopolistic activities.

After the announcement that Omnicom Group would be purchasing Interpublic Group for $13 Billion, the shares of Omnicom Group fell. This will create the world’s largest advertising conglomerate. Interpublic Group stock soared.

Comcast shares (CMCSA), the cable company and broadcaster, fell as it announced its intention to shed more than 100,000 subscribers for broadband services in the first quarter of 2019.

Hershey (HSY) was the best-performing stock in the S&P 500 on a report Mondelez International (MDLZ) was considering acquiring the chocolate maker. Mondelez shares tumbled.

Super Micro Computer (SMCI) shares rose after the server manufacturer reported the Nasdaq delayed a potential delisting from their index to February 25. Supermicro had more time for its annual reports, which were delayed because of concerns about accounting.

Enphase Energy shares rose after the Dutch solar energy firm NextEnergy announced an agreement of collaboration.

Futures for oil and gold rose. The yield of the 10-year Treasury bill was higher. The U.S. currency was slightly higher than the yen. However, it lost some ground against the British pound. All major cryptocurrencies were down.

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