T&G Market Recap: The Stock Market is Having a Meltdown—And Trump’s Tariff Talk Isn’t Helping 📉💸
Stock Market Stumbles as Trump Reignites Tariff Fears—Tech Takes a Beating, Nvidia in the Spotlight 💥📉
Another day, another stock market headache. This time, the Nasdaq and S&P 500 took a nasty tumble, with tech stocks getting slapped around like they were caught in a bad relationship. The Dow? Well, it barely moved—just enough to make you think things were okay before reality hit. Let’s dive in.
Trump’s Tariffs Are Back, Baby—And No One’s Excited
If you thought tariffs were just some dusty old news, think again. President Trump is bringing them back to the table like a bad dinner guest who won’t leave. On Monday, he made it clear that tariffs on Mexico and Canada are going to hit once the month-long delay expires. So, get ready to pay more for your imported goods—thanks, Mr. President! 👏
This is the kind of news investors don’t need right now. It’s like finding out your car insurance rates are going up—no one’s happy about it, and the market feels it. Consumer and business sentiment is already on edge, and now this? Investors can’t even catch a break, and stocks sold off into the close with no mercy.
Tech Stocks Stumble While the Nasdaq Takes a Dive
Let’s talk tech, shall we? The Nasdaq Composite fell 1.2%—yeah, you read that right. Nvidia dropped 3%, Microsoft took a hit (down 1.03%), and Amazon wasn’t looking too hot either. Throw in some disappointing earnings expectations, and you have the recipe for disaster. Who wants to touch this mess right now?
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