Home Finance Nasdaq, S&P 500 slide as a tech to tag after Trump Backs Tariff Plans

Nasdaq, S&P 500 slide as a tech to tag after Trump Backs Tariff Plans

by trpliquidation
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Nasdaq, S&P 500 slide as a tech to tag after Trump Backs Tariff Plans

The US shares fell on Monday when the threat of rates against Mexico and Canada was put on the table and investors awaited this week Nvidia (NVDA).

The Dow Jones Industrial Average (^DJI) had not changed much, while the S&P 500 (^GSPC) dropped 0.5%.

The technically heavy Nasdaq composite (^IXIC) dropped 1.2% as Microsoft (MSFT), Nvidia (NVDA) and Amazon (Amzn) all fell.

The sale is intensified in the last hour of trade after President Trump said that the rates against Mexico and Canada would continue as soon as the one -month delay is next week.

“The rates are ahead on time, on schedule,” Trump told reporters on Monday afternoon.

In the meantime, all eyes will be on ai chip heavyweight nvidia when the quarterly results report on Wednesday after the bell. NVIDIA -Shares ended the session down

On Monday, Apple (AAPL) shares were won somewhat after the iPhone maker had announced an investment plan of $ 500 billion in the US for the next four years, including a production facility in Houston and hiring 20,000 new employees.

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