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Apple leads a drop in tech stocks after Trump tariff announcement

Summary by CNBC

Tech stocks fell in late trading Wednesday following President Donald Trump's announcement of reciprocal tariffs.

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sky.com

Center

Stock markets suffer sharp drops after Donald Trump announces sweeping tariffs

All three of the US's major markets opened to sharp losses on Thursday morning. By the end of trading, both the Nasdaq and Dow Jones had experienced their worst one-day loss since the COVID-19 pandemic.

23 hours ago

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Times of India

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Apple stock leads Tech decline as Trump’s tariff triggers market panic - The Times of India

Technology stocks tumbled as President Trump's new tariff policies incited market panic, with Apple leading the sharp decline at nearly 9%. The Nasdaq Composite fell over 5%, its worst performance in five years. Trump imposed tariffs on imports, including a 34% tax on China, escalating fears of a global trade war.

1 day ago·India

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New York Times

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Apple Plunges 9 Percent, Leading a Tech Sell-Off

The company counts on the sale of devices for three-quarters of its nearly $400 billion in annual revenue, and it makes almost all of its iPhones, iPads and Macs overseas.

1 day ago·New York, United States

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