Tech and Media Stocks Hammered Amid Global Instability and Ratcheting Tariff Fights

On Monday, U.S. stock markets experienced significant declines as international investors responded to indications of decreasing market demand and the uncertainties arising from the escalating trade disputes between the U.S. and major trading partners like Canada, China, and others.

The top seven tech stocks, which include Alphabet, Amazon, Apple, Meta (Facebook), Microsoft, Nvidia, and Tesla, all suffered losses. Among the media giants, none were exempt from the market downturn. Warner Bros. Discovery experienced a 4% decrease, ending the day at $10.59. Netflix declined by 2.7%, closing at $866.68. Disney fell by 2.4%, finishing at $103.08. Comcast also saw a drop of 4%, closing at $36.11.

Today, I witnessed a significant decline across some of the top companies on the Dow Jones Index, with a collective loss of approximately 2%. This translates to a hefty drop of about 890 points. Similarly, the tech-focused NASDAQ Index dipped by 4%, and the S&P 500 saw a more substantial drop of 2.7%. These movements suggest a challenging day for investors in these markets.

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2025-03-10 23:46