Reported 3 months ago
US stocks experienced a mixed day, with the Nasdaq Composite dropping over 2.7% due to concerns over US export limits on China and statements by Donald Trump regarding Taiwan. In contrast, the Dow Jones Industrial Average reached a new record high. Tech stocks were the most affected, especially chipmakers like Nvidia and ASML, as fears around export restrictions led to significant declines. Meanwhile, other sectors outperformed, with positive early earnings reports helping to offset losses in the tech sector.
Source: YAHOO