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8/10

US Stocks Slump as Dow Drops 800 Points on Tariff Fears and Nvidia Earnings Anxiety

news.detail.publishedAt 6 days ago
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  • •The Dow Jones Industrial Average dropped 800 points or 1.66% to reach 48,804.05.
  • •The S&P 500 fell 1.04% and the Nasdaq Composite lost 1.13% amid pressure on risk assets.
  • •The decline is attributed to tariff shock and AI-related anxiety ahead of Nvidia's earnings report.

Major US stock indices experienced a significant sell-off today, led by a sharp decline in the Dow Jones Industrial Average. The Dow tumbled 800 points, or 1.66%, to close at 48,804.05, marking a notable retreat from recent levels. Broader markets also felt the pressure, with the S&P 500 falling 1.04% and the tech-heavy Nasdaq Composite losing 1.13% amid a general flight from risk. Investor sentiment was severely dampened by concerns over potential new tariffs, which sparked fears of economic disruption and trade policy shifts. Furthermore, the market is grappling with heightened anxiety as investors cautiously await the upcoming earnings report from Nvidia. This combination of trade policy uncertainty and high-stakes tech earnings has triggered a broad retreat across the equity landscape.

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DIASPYQQQNVDA
news.detail.sourcesSection:fool.com