U.S. markets took a nosedive Tuesday as fears over escalating tariffs on goods from the Chinese mainland sent investors scrambling. The White House confirmed sharper import duties, triggering a sell-off reminiscent of a TikTok trend gone wrong — fast and furious. 🌪️
The Dow Jones fell 320 points (0.84%), the S&P 500 slid 1.57%, and the Nasdaq took the hardest hit, plunging over 2%. Tech stocks, already shaky this year, resembled a meme stock after hype fades. 😬 All S&P sectors finished in the red, with materials and consumer discretionary leading losses. Only financials kept things slightly chill, dipping a milder 0.41%.
Analysts warn the sell-off could continue if trade talks stall. For young investors glued to finfluencers, this might be the moment to rethink your portfolio’s vibe check. 💼📉
