Reported about 9 hours ago
Recent actions by U.S. President Donald Trump have led to significant upheavals in global financial markets, with approximately $5 trillion in stock value wiped out, particularly affecting U.S. tech giants. Concerns over a re-ignited trade war and increased defense spending in Europe have contributed to these changes, impacting currencies like the dollar, euro, and yen. The 'Magnificent Seven' tech stocks have dropped significantly, while Tesla's shares faced a dramatic decline amidst protests against Trump’s policies. The geopolitical climate, driven by Trump's decisions, has resulted in increased volatility across various markets.
Source: YAHOO