Nasdaq suffers historic plunge, drops most in almost a week
Publishing timestamp: 2025-04-10 14:59:45
Summary
Nasdaq Composite dropped 4% after record-setting session, Apple declined 4% after best day since 1998. Technology stocks plummeted following monster rally on tariff news. Semiconductor stocks also slumped on fears of tariffs impacting demand. JPMorgan sees signs of 'Trump exhaustion' and predicts gold to reach $4000. Tech sector expected to face major volatility.
Sentiment: MIXED
Tickers: MSFT, SWKS, QRVO, AMZN, SMH, AAPL, .IXIC, AMD, MU, MRVL, TSLA, GOOGL, INTC, META, ON, NVDA,
Keywords: skyworks solutions inc, vaneck semiconductor etf, nasdaq composite, breaking news: politics, broadcom inc, nvidia corp, politics, meta platforms inc, economy, microsoft corp, advanced micro devices inc, world markets, on semiconductor corp, tariff, tesla inc, intel corp, markets, business news, qorvo inc, breaking news: markets, technology, breaking news: economy, apple inc, amazon.com inc, micron technology inc, marvell technology inc, alphabet inc,
Source: https://www.cnbc.com/2025/04/10/apple-drops-after-notching-best-day-since-1998-tech-stocks.html