Wall Street Stumbles as Surprise GDP Dip Shakes Market Confidence

The U.S. stock market opened in the red after an unexpected GDP contraction in Q1 rattled investor sentiment, according to Odaily. The Dow slipped 0.59%, the S&P 500 dropped 1.25%, and the Nasdaq tumbled 2.07%, with tech stocks taking the hardest hit. Tesla sank 4.3%, Nvidia slid 4.4%, and Apple dipped 1.04%. The Bloomberg U.S. Tech Giants Index echoed the trend, falling 2.7%. This sudden downturn signals growing concerns about economic momentum and raises fresh questions about the resilience of the tech rally.