Tech stocks and crypto prices crater over Trumps trade war

7 months ago 7

"We're gonna win so much, you may even get tired of wining," said Donald Trump at one of his pre-election speeches. A couple of months later, it doesn't really feel like winning.

After two devastatingly tough days for the U.S. stocks and cryptocurrencies, with the S&P 500 dumping more than 10 percent over Thursday and Friday, many market participants were likely hoping for some relief on Monday. However, major indices are down hard once again in premarket trading, with S&P 500 diving below 5000 for the first time since April 2024.

Big tech stocks are having a particularly bad day so far, with Apple down to $180 per share in premarket trading, Nvidia at $89.4 per share, and Tesla at...

Source: https://mashable.com/article/tech-stocks-crypto-prices-crash

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