Wall St tumbles on tariff worries; Nvidia and Tesla drop

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Wall St tumbles on tariff worries; Nvidia and Tesla drop

//business-finance.news-articles.net/content/202 .. les-on-tariff-worries-nvidia-and-tesla-drop.html

Published in Business and Finance on Thursday, March 27th 2025 at 3:21 GMT by Reuters

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

Wall Street stocks tumbled on Wednesday, dragged down by losses in Nvidia and Tesla as investors awaited information about forthcoming U.S. tariffs expected to be enacted next week. In the latest development,

2025-03-27 195 x 130 / 6791 Bytes

The article from MSN Money discusses a significant downturn in Wall Street stocks, driven by concerns over potential new tariffs and disappointing corporate earnings. Specifically, the S&P 500, Dow Jones Industrial Average, and Nasdaq all experienced declines. Nvidia and Tesla were among the notable losers; Nvidia's stock fell after it forecasted lower-than-expected sales for the next quarter, despite beating earnings estimates, due to concerns about the impact of new U.S. tariffs on Chinese imports. Tesla's shares dropped following a report of a fatal crash involving one of its vehicles, raising safety concerns. Additionally, broader market sentiment was affected by ongoing trade tensions between the U.S. and China, with fears that new tariffs could escalate into a full-blown trade war, impacting global economic growth and corporate profits.

Read the Full Reuters Article at:
[ https://www.msn.com/en-us/money/top-stocks/wall-st-tumbles-on-tariff-worries-nvidia-and-tesla-drop/ar-AA1BIqQD ]