Magnificent Seven Stocks on Track For Their Worst Day Since July
On Monday, the huge seven stocks sold as the stock emerged in the worst meeting of the year, as the risk of recession rose.
Seven ETFs with magnificent Circle Text (Magazine) has recently fallen by 5.5%, which will be the biggest one-day decline since July last year.
Tesla (TSLA)lead Magazine 7 reduce. It has dropped by more than 13% in recent transactions. Stocks soared after Trump’s victory as investors bet automakers will benefit from CEO Elon Musk’s proximity to the president. But the stock has been under pressure since Trump took office. Beaten by tariffsincreasingly frustrating economic prospects, may Consumer rebound Musk’s political activities. Due to Monday’s losses, the stock has Eliminate post-election gains.
nvidia(NVDAStocks fell about 5% Monday afternoon. NVIDIA shares fell in recent weeks as sales and earnings grow Already adjusted From the breakthrough pace in the past two years. Investors are also increasingly worried about the high-profile AI has achieved success in China It could prompt governments to tighten export restrictions on advanced semiconductors and other AI hardware, a headwind for NVIDIA sales.
Shares of Yuan Platform (Yuan) and Apple (AAPL) drops more than 5%, while letters (GOOG) fell by more than 4%. Amazon (Amzn) and Microsoft (MSFT) About 3% each slide.
Big Tech is not trading on the red on Monday alone. The transactions between consumers can trade with financial stocks at their discretion are also greatly reduced. Meanwhile, stocks in the defense sector, such as consumer staples, utilities and healthcare, are higher. As investors become more and more uncertain, the U.S. Treasury Department has also rallyed.
On Monday, President Trump was frightened by investors in his weekend comments, suggesting that his administration’s pain tolerance is higher than Wall Street expected. When asked Fox News“I don’t want to predict something like this. There’s a transition period,” Trump said in an interview that aired Sunday by Maria Bartiromo, who aired on Sunday.
The answer echoes last week’s speech to Congress, in which he talks about the tariffs: “There will be some disruption, but we are happy with it.” Trump’s Treasury Secretary Scott Bessent Will become a detox period. ”
As Bartiromo puts pressure on the market’s negative reaction to his tariffs, Trump insists on his short-term pain to get information on long-term gains. “What I’m going to do is build a strong country. You can’t really watch the stock market,” he said.