Stock Market Volatility: Trump's Tariffs Weigh on Nasdaq, Dow Earnings Loom over Bitcoin Slide
US stocks closed mixed on Tuesday as President Donald Trump's revived tariff threats and potential toughening of China curbs weighed on market optimism. Consumer confidence plummeted in February, notching its biggest monthly decline in nearly four years as 12-month inflation expectations jumped and recession fears escalated. The tech-heavy Nasdaq Composite (^IXIC) finished the volatile trading day down around 1.3%, dragged down by shares of Nvidia (NVDA) and Tesla (TSLA), while the benchmark S&P 500 (^GSPC) dropped roughly 0.4%.
- This market volatility highlights the delicate balance between investor sentiment and the complex web of economic indicators, where a single event can send shockwaves through global markets.
- How will the ongoing trade tensions impact the performance of individual stocks, particularly those heavily reliant on international trade like Nvidia and Tesla?