NVDA Stock Today, January 9: Leads Nasdaq Slide Ahead of Jobs Data
NVDA stock today slipped as megacap tech weighed on the Nasdaq into Friday’s jobs report. We saw NVDA trade near $188.12, down 0.52%, while the Nasdaq 100 fell 0.98% to 25,401. Canadian investors with U.S. tech exposure felt the pullback as yields firmed and risk appetite cooled. The focus now turns to the jobs report preview and how it may reset rate expectations. Below, we break down drivers, China H200 headlines, technical levels, and practical takeaways for Canada-based portfolios.
Tech Rotation Hits Nvidia Before Jobs Data
Investors rotated out of growth and into cash-like assets ahead of Friday’s jobs data. NVDA stock today eased to $188.12, off 0.52%, as the Nasdaq 100 fell 0.98% to 25,401.32. Higher yields often pressure long-duration tech valuations, so traders trimmed risk into the print. For Canadians, that means U.S. tech exposure in registered accounts likely marked down, with spreads widening into the close.
Volume in Nvidia reached about 183.5 million shares, near its 187.2 million average, suggesting orderly profit-taking rather than panic. The Nasdaq slide tracked broader risk-off cues as traders awaited labor data that could sway the next Fed moves. For a real-time market snapshot, see this market update from Yahoo Finance. NVDA stock today stayed within a recent range, keeping options implied volatility elevated.
China Risk: Nvidia H200 Approvals and Terms
Reports around potential approvals for Nvidia H200 China shipments, alongside stricter payment terms, injected fresh uncertainty. Near term, compliance and delivery timing could create noise around orders and revenue recognition. Longer term, access to China demand may support data center growth if volumes materialize. NVDA stock today reflected this push and pull, with traders balancing export headlines against AI infrastructure demand trends.
If approved shipments ramp, H200 sales could be earnings-accretive later in 2025–2026. Street targets cluster at $235 consensus, with a $140 low and $352 high. Analyst stance remains constructive: 3 Strong Buy, 63 Buy, 1 Hold, 1 Sell, consensus 4.0. NVDA stock today trades on both policy risk and AI upside. Next catalyst is earnings on 2026-02-25, where backlog, pricing, and China exposure will be key.
Chart Watch: Levels and Momentum
Momentum is neutral with RSI at 49.84 and ADX at 12.04, signaling no firm trend. Bollinger bands frame support near the middle band at 183.66 and resistance near 195.32. Average True Range sits at 5.50, flagging typical daily swings. NVDA stock today staying above the mid-band keeps bulls in play, while failures near the upper band may invite quick fades.
Intraday, price held a 186.15 low and 193.63 high. A close below 186 could open a test of 183.7, while strength above 195.3 would target 200 and, later, the 212.19 year high. MACD’s 0.45 histogram favors cautious dip buys, but NVDA stock today remains headline-sensitive. Position sizing and clear stops matter into the jobs data.
For Canadian Investors: What to Watch
The jobs report preview matters for both the Fed path and CAD. A strong print could lift yields and the U.S. dollar, tightening financial conditions for growth stocks. That would likely extend the Nasdaq slide. A softer print may relieve pressure on valuations. For broader context on U.S. trading tone, see the Times Colonist’s update here.
We prefer gradual rebalancing over big bets before Friday. Consider whether hedged or unhedged U.S. equity exposure suits your view on CAD. Keep AI leaders core, but trim oversized single-name weights if they exceed risk limits. NVDA stock today sits near key support, so staged entries with stop-losses and modest position sizes can help manage overnight headline risk.
Final Thoughts
NVDA stock today led tech weakness as investors squared positions ahead of the jobs report. The setup is clean: labor data will steer yields, which drive multiples on long-duration growth. At the company level, Nvidia’s China narrative adds near-term uncertainty, while AI demand remains a powerful tailwind. Technically, watch 186–184 support and 195–200 resistance, with the 212.19 year high as a medium-term objective. For Canadians, confirm your currency stance, keep position sizes sane, and avoid overconcentration. If the print cools yields, a relief bid in megacap AI is likely. If it runs hot, patience and staggered buys near support can improve entry quality.
FAQs
Why did Nvidia fall today?
NVDA stock today slipped as traders reduced growth exposure before Friday’s U.S. jobs report. Higher yields tend to pressure tech valuations, so investors trimmed risk. Headlines about potential Nvidia H200 China approvals and stricter terms also added uncertainty. The move looked orderly, with volume near average and price holding within a recent trading range.
What are the key levels to watch for Nvidia?
Intraday levels include 186.15 support and 193.63 resistance. On a wider view, the Bollinger middle band near 183.66 is important support, while the upper band near 195.32 is resistance. A break above 195 could target 200 and the 212.19 year high. Below 186, a test of the mid-band may follow.
How could ‘Nvidia H200 China’ headlines affect results?
Approvals could reopen demand, but stricter payment or delivery terms may alter timing and margins. Near term, that can create volatility and uncertainty around orders. Longer term, incremental H200 shipments could lift data center revenue. Watch management’s commentary on quantities, pricing, and credit terms during the next earnings call on 2026-02-25.
What should Canadian investors consider into the jobs report?
Focus on rate sensitivity, currency stance, and position size. A strong print could lift yields and the U.S. dollar, pressuring tech multiples. Hedged U.S. exposure can reduce FX swings, while staggered entries limit timing risk. Keep stop-losses near key support, and avoid outsized single-name weights ahead of event risk.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
