US stocks retreated on Tuesday as worries about an AI bubble and the broader US economy continued to set markets on edge, with a pivotal Nvidia earnings report and shutdown-delaye

AI pioneer Nvidia was again the heaviest weight on the market. The chipmaker's drop of 3.2% brought its loss for the month to nearly 11%, putting it in "correction" territory, or when a stock falls at least 10% from its previous high. The company is scheduled to report is third-quarter financial results on Wednesday.

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This article will be updated throughout the day, so check back often for more daily updates. The Vanguard S&P 500 ETF (NYSEMKT: VOO) lost nearly 1% on Monday, and as Tuesday dawns is continuing to slide,

The Dow Jones Industrial Average was the hardest hit of the major indexes. This medical device name broke out of a base.

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Chipmakers including Nvidia and Intel are down along with much of the stock market Tuesday, as fears of an AI bubble grow.

Follow all the latest U.S. market action for Tuesday here as markets continue to be gripped by a risk-off mood ahead of Nvidia's earnings on Wednesday.

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The Nifty enters midweek trading stuck in a very narrow range. 25,750 - 25,800 zone is acting as a support for the index, while the 26,000 mark continues to remain a barrier, despite the index closing above it on Monday.

Torsten Slok, chief economist at Apollo, pointed out in a note Monday that stocks and home values keep climbing while cash flow from fixed income and private credit hover at multi-decade highs.

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 26,008 level, a discount of nearly 52 points from the Nifty futures’ previous close.