US Stock Market Move | Trump's retaliatory tariffs caused tech stocks to plummet, with NVIDIA Corporation (NVDA.US) dropping over 5%.
03/04/2025
GMT Eight
Trump's imposition of equivalent tariffs has caused global market turmoil. On Thursday, U.S. stocks plummeted, with the Dow dropping nearly 3%, the Nasdaq falling over 4%, and the S&P 500 Index dropping over 3%. Tech stocks and chip stocks tumbled, with Apple Inc. (AAPL.US) falling over 9%, Meta (META.US) and Amazon.com, Inc. (AMZN.US) dropping over 7%, NVIDIA Corporation (NVDA.US) and Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSM.US) falling over 5%, and Tesla, Inc. (TSLA.US) dropping over 3%.