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Benzinga
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Nasdaq Dips 6% Following Trump's Tariffs As Nvidia, Apple Decline: Investor Sentiment Plunges, Greed Index Remains In 'Extreme Fear' Zone

1. AAPL shares fell 9.3%, the largest drop since March 2020. 2. Nasdaq composite declined 6% due to new trade tariffs. 3. Overall market sentiment dropped to 'Extreme Fear' according to CNN index. 4. Consumer discretionary and tech sectors saw significant losses on Thursday. 5. Market indices like Dow and S&P 500 closed lower substantially.

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FAQ

Why Bearish?

AAPL experienced its worst day since March 2020, reflecting negative investor sentiment. Historical examples show similar drops often precede further declines.

How important is it?

The sharp decline in AAPL stock adds to concerns about broader market health, affecting investor sentiment.

Why Short Term?

Investor sentiment is reacting to recent news; typically, short-term impacts precede earnings reports or further market developments.

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