US stocks lose more ground as jitters grow over tariffs and economy

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Tech Stocks led an intense market sale off on Thursday, as the latest threat to imposing steep tariffs on the import of Donald Trump’s main trade partners added to investors’ concerns about the health of the US economy.

Blue-Chip S & P500 has lost 1.6 percent since last Wednesday and deleted the market-to-date profits in the market.

Technology-bear Nasdak Composit has dropped by 2.5 percent, but about 5 percent of the Nvidia Chipmakers overnight, despite the news of about 5 percent of the jump.

According to investors, the light response to NVidia’s income has put the market at risk of bad collective economic news. US President The latest barrage In recent days, data published in Chinese, Mexican and Canadian imports announced on Thursday indicates severe decrease in US customers and business feelings.

“Nvidia could not save the world,” said Mike Jigmont, co-chief of the Visdom Investment Group trading. “The results were great but not so upset that everyone wants to buy more stock.”

“The bear is winning the war right now,” he added.

In the hope that the new administration business supporters will implement economic policies after Trump’s election in November, S&P 500 has pushed its latest record to its latest record.

However, in recent days the index has passed, since concerns about the health of the US economy have begun to express concern due to a jerk of anxious economic information.

Retailers, who often taken steps to buy stock to sink the market, are suddenly drawn by “anxiety”, according to Vandatrack, a data company that monitors the flow of retail business.

Due to the decline of equity with 10 years of treasury yield, the US government’s debt has been sold, which, on the contrary, moved to the price, 0.03 percent point increased by 4.28 percent.

Treasury, considered as a safe shelter during market instability, rallied as a growing list of data points in the world’s largest economy in recent weeks.

A measure of the power of the dollar has increased by 0.8 percent against the other six large coin baskets.

The fear of the upcoming economic downturn looks uninterrupted to some market participants.

After the completion of the 2024 view of the 2024, the sentiments of the weak consumers published last week “have given the opportunity to modify the extended markets”, said Steven Blitz, chief US economist at TS Lombard.

“Trump recession? Not so early, “he added.