Why is NVIDIA stock sliding today?

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• Oil prices edge lower as rising crude output offset geopolitical risks

  Traders saw downward pressure on crude contracts as expanded October supply from OPEC+, driven primarily by Saudi Arabia, outweighed mounting threats to global transit corridors. Persistent security hazards in the Middle East, including tanker attacks and escalating rhetoric regarding regional strikes, continue to counter balance growing physical output. Market participants now face heightened volatility while waiting for delayed inventory statistics to clarify near-term domestic demand.

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