Tech Stocks Plunge as Trump Reaffirms Tariff Stance Amid Market Turmoil

April 7, 2025, 2:08 pm

The U.S. stock market experienced extreme volatility as leading tech companies, collectively known as the “Magnificent Seven,” saw trillions in market value evaporate in a short period. Analysts attribute this sharp downturn to renewed confirmation of the president’s staunch tariff policies, which have sparked fears of broader economic disruption. Investor sentiment has soured as markets react to the sustained pressure from trade tensions, prompting urgent reassessments of growth and risk exposure across the tech sector.

techinasia.com / US markets volatile over Trump tariff

The Dow Jones Industrial Average initially rose nearly 900 points but ended the day down 130 points.

cnet.com / US Stock Market Is Plummeting Amid Tariff Mania. Should You 'Buy the Dip' or Stay the Course?

New tariff policies have prompted a huge sell-off in the US stock markets and caused uncertainty for investors.

cnet.com / US Stock Market Sees Chaotic Swings Amid Tariff Mania. What Can You Do to Protect Your Retirement Savings?

New tariff policies have prompted a huge sell-off in the US stock markets and caused uncertainty for investors.

3 stories from 2 sources in 9 days ago ... #fintech #techpolicy #china #mag7 #fang

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Tech Stocks Plunge as Trump Reaffirms Tariff Stance Amid Market Turmoil

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