US Stock Markets Plunge Amid Tariff Concerns and Inflation Warnings
The US stock markets are experiencing a significant downturn, with major indices like the Nasdaq and Dow facing severe losses. The Dow has dropped 1,700 points, pushing the Nasdaq towards bear market territory. This turmoil is attributed to increased tariffs and inflation warnings from the Federal Reserve, leading to heightened economic uncertainty. Tech stocks, particularly, have been hit hard, with Micron Technology and Alibaba among the top losers. As the Nasdaq Composite faces some of its worst trading days since 2000, market analysts speculate whether this presents a buying opportunity or if the declines will continue. In early trading, the Nasdaq 100 is set to open significantly lower, reflecting ongoing sell-offs amid trade war concerns. As these developments unfold, investors watch closely for any signs of stabilization.
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