Trump's Tariffs Topple Tech Stocks. Here's What Amazon Investors Should Know
President Donald Trump announced a new batch of tariffs on April 2, and let's just say investors haven't been jumping with joy since then.The S&P 500 dropped over 10% in the two days following the announcement, the Dow Jones is in a correction, and the Nasdaq Composite is officially in a bear market. Tech stocks experienced some of the harshest drops.One tech stock that has been hit fairly hard because of the new tariffs is Amazon (NASDAQ: AMZN). Its stock was already having a tough start to 2025 (down over 13% through the first three months), but these new tariffs added more fuel to the fire.Continue reading
President Donald Trump announced a new batch of tariffs on April 2, and let's just say investors haven't been jumping with joy since then.
The S&P 500 dropped over 10% in the two days following the announcement, the Dow Jones is in a correction, and the Nasdaq Composite is officially in a bear market. Tech stocks experienced some of the harshest drops.
One tech stock that has been hit fairly hard because of the new tariffs is Amazon (NASDAQ: AMZN). Its stock was already having a tough start to 2025 (down over 13% through the first three months), but these new tariffs added more fuel to the fire.
