US Markets Dive: DJIA Falls 870 Points; Nasdaq Declines Over 2%; Nvidia and Tesla Drop 4%

Written by Emily J. Thompson, Senior Investment Analyst

Source: aastocks

Updated: 2d ago

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Source: aastocks

Market Reaction: The US stock market experienced a significant decline, with major indices recording their worst single-day performance since October, following President Trump's threats regarding Greenland and new tariffs on several countries, including NATO members.
Index Performance: The DJIA fell by 870 points (1.8%), the S&P 500 dropped 143 points (2.1%), and the Nasdaq saw a decline of 561 points (2.4%), with tech stocks particularly affected.
Fear Gauge Increase: The VIX, often referred to as the "fear gauge," rose to 20, indicating increased market volatility and investor anxiety.
Upcoming Earnings Reports: Several major companies, including Netflix, Johnson & Johnson, and Intel, are expected to release their quarterly earnings this week, which may further influence market trends.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.