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Sharp fall in US stocks amid caution over impact of tariffs

US stocks fell sharply last night, hit by a double blow from Nvidia’s China-related warning and Federal Reserve Chair Jerome Powell’s caution over the economic impact of tariffs. The Nasdaq Composite sank 3.07 per cent, edging closer to bear market territory. The S&P 500 slid 2.24 percent, weighed down by losses in the tech sector [...]The post Sharp fall in US stocks amid caution over impact of tariffs appeared first on The Indian Awaaz.

US stocks fell sharply last night, hit by a double blow from Nvidia’s China-related warning and Federal Reserve Chair Jerome Powell’s caution over the economic impact of tariffs. The Nasdaq Composite sank 3.07 per cent, edging closer to bear market territory.

The S&P 500 slid 2.24 percent, weighed down by losses in the tech sector while the Dow Jones Industrial Average dropped nearly 1.7 per cent.

The post Sharp fall in US stocks amid caution over impact of tariffs appeared first on The Indian Awaaz..