On June 24, 2024, the New York Stock Exchange experienced a significant rebound as Nvidia shares led the S&P 500 and Nasdaq Composite higher following a heavy selloff. While the S&P 500 and Nasdaq saw gains of 0.1% and 0.5% respectively, the Dow Jones Industrial Average lagged behind with a 0.1% loss. Nvidia shares increased by more than 2% after a significant drop the previous day, pushing the stock deeper into correction territory. This decline in Nvidia also affected other semiconductor stocks such as Super Micro Computer, Qualcomm, and Broadcom. Despite this, some investors remain optimistic, citing historical patterns that suggest the summer is a tough time for the sector. Analysts believe that the recent sell-off may present a buying opportunity, especially for long-term investors in Nvidia.