⚠️ MARKETS TUMBLE AS TECH TENSIONS FLARE ⚠️
Dow, S&P 500 & Nasdaq SLIDE Amid U.S.-China Chip War!
Wall Street woke up to a storm!
Stocks plunged at Wednesday's open as U.S.-China tensions over semiconductors returned to the spotlight — and investors hit the brakes.
Here's what happened:
🔻 Dow Jones: -300 pts (-0.7%)
🔻 S&P 500: -0.53%
🔻 Nasdaq: -0.57%
The S&P 500’s 6-day win streak? Over.
Why the panic?
The tech war between the world’s two biggest economies is heating up again — and this time, it’s about chips.
With Nvidia down 0.6%, traders fear supply chains and global markets could take another hit.
⚠️ More Red Flags:
🇺🇸 U.S. Deficit Jitters: Moody’s downgrade threat looms large.
📈 Yields Soar:
- 10-year yield: Jumps past 4.5%
- 30-year yield: Back above 5% — a key psychological level!
💰 Bitcoin (BTC): Briefly above $108K, then slips.
🥇 Gold: Climbs 0.7% to $3,307 — a flight to safety?
Investor Mood? On Edge.
But not everyone is running for cover…
> “We are at a time of tremendous risk and uncertainty…
but amidst all the downside, I still believe there are great opportunities out there.”
— Derek Chollet, Head of Geopolitics, JPMorgan, via CNBC
As markets teeter, the key question is:
Is this the start of a broader correction — or just a tremor before another bull run?
#ChipWar #WallStreetCrash #USChinaTrade #MarketUpdate #BTC110KToday?