Stock Market Today: Dow, S&p 500, Nasdaq Slide After Nvidia Earnings and Economic Data
Stocks plummeted on Thursday as tech sold off following Nvidia's latest earnings report while investors took stock of the economy amid President Trump's latest tariff pledges. The S&P 500 (^GSPC) fell more than 1.6%, while the tech-heavy Nasdaq Composite (^IXIC) dropped 2.8%. The Dow Jones Industrial Average (^DJI) dropped 0.4%.
- This downturn highlights the complex interplay between technological innovation, economic policy, and investor sentiment, as market corrections can have far-reaching consequences for industries and economies.
- How will the ongoing trade tensions and escalating tariffs impact the global supply chain and the competitiveness of US tech companies in the long run?