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Tech megacaps lose $770 billion in value as Nasdaq suffers steepest drop since April
Nvidia dropped almost 5%, pacing a steep decline in tech stocks, after President Trump threatened more tariffs on China.
Raccontata da
cnbc.com
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Tech megacaps lose $770 billion in value as Nasdaq suffers steepest drop since April
Nvidia dropped almost 5%, pacing a steep decline in tech stocks, after President Trump threatened more tariffs on China.
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New tariff threats crush stocks during a big week for Nvidia and key portfolio moves
Things were not so bad until President Donald Trump's new China trade threats tanked the stock market.
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CNBC Daily Open: Stocks rise and fall when Trump gives the word
Trump's tariff announcement wiped out almost $800 billion from major tech firms, with the S&P 500 and Nasdaq Composite falling the most since April.