Tech Stocks Plummet for Second Day Amid Escalating Trade Tensions: Tesla and Nvidia Lead the Decline
2025-04-04
NBC4 Washington
The technology sector experienced a significant downturn for the second consecutive day on Friday, as concerns over a potential global trade war intensified due to retaliatory tariffs imposed by China. This development has sparked fears among investors, leading to a decline in tech stocks, with industry giants such as Tesla and Nvidia being among the hardest hit. The ongoing trade tensions have raised concerns about the impact on the global economy, prompting investors to reevaluate their positions in the tech industry, which is heavily reliant on international trade and global supply chains, including artificial intelligence and cloud computing.
