Tech stocks plunge amid Trump's tariff turmoil, Apple drops 9% - Nasdaq Composite records worst performance in 5 years

Technology stocks in India witnessed a significant drop following President Trump's recent tariff decisions, causing market turmoil. Apple took a major hit with a ne

Technology stocks in India witnessed a significant drop following President Trump's recent tariff decisions, causing market turmoil. Apple took a major hit with a nearly 9% decline, contributing to the Nasdaq Composite's over 5% fall, marking its weakest performance in five years. Trump's implementation of tariffs on imports, particularly the 34% tax on China, has raised concerns about the possibility of a worldwide trade conflict. This development has sparked anxiety among investors and market participants in India, leading to a negative impact on technology stocks.