🔥 U.S. stocks tumbled this week as former President Donald Trump doubled down on his aggressive trade policies, sparking fears of an economic downturn. The Nasdaq 100 saw its worst drop since 2022, losing 3.81%, while the S&P 500 plunged 2.7% — erasing $1.7 trillion in market value. Tech giants like Tesla (down 15.4%) and Nvidia (down 5%) took heavy hits as investors panicked.
📉 In a Fox News interview, Trump shrugged off recession concerns: "What I have to do is build a strong country. You cannot really watch the stock market." Analysts warn this 'wait-and-see' approach could prolong instability, especially as tariffs clash with efforts to stabilize the economy.
Markets in Free Fall 📉
Monday’s sell-off felt like a scene from The Big Short as the Dow Jones fell 2%, dragging indexes deeper into correction territory. The Fed’s inflation battle? On hold. Investors? Stuck in limbo.
Tech Takes a Hit 💻🔥
Tesla’s worst day since 2020 and Meta’s 4% drop highlight how tech — once a market lifeline — is now collateral damage. With no clear plan to offset tariffs, companies face higher costs and shaky consumer demand.
🌍 Will this trade war gamble reshape global markets? Or will investors find a way to hedge the chaos? Stay tuned.
