Stocks are in a downward spiral, facing their worst weekly losing streak in nearly two years. As tech giants falter and inflation rises, concerns grow over the U.S. economy's future. What does this mean for investors?
In late-morning trading, major U.S. stock indexes showed mixed results as investors remain cautious amid ongoing political and economic uncertainty. The Dow and S&P 500 gained slightly, but the Nasdaq slipped. With the upcoming Federal Reserve meeting and ongoing sell-offs, market sentiment is shaky. Tesla and Nvidia face significant losses, while Intel rallies with new leadership.
Asian equities fell sharply as fears of a global trade war escalate, triggered by President Trump's new tariffs. Technology shares, particularly Nvidia, suffered a major sell-off, impacting market sentiment.
