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Nasdaq On Track for Bear Market as Trump Tariff Stock Sell-Off Continues

1. Nasdaq plunges nearly 4%, indicating a potential bear market. 2. S&P 500 also down about 4% amid global stock sell-off. 3. Tariffs proposed by Trump raise recession and inflation fears. 4. China reciprocates with tariffs, escalating trade war worries. 5. Tech giants like Apple, Nvidia, and Tesla see significant losses.

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FAQ

Why Bearish?

The article indicates a significant downturn due to tariffs, reminiscent of the 2018 trade war fears, which led to substantial S&P declines.

How important is it?

The potential for escalating tariffs impacts investor sentiment and can quicken S&P 500 downturn.

Why Short Term?

Immediate market sentiment is heavily influenced by tariff announcements, but potential recovery may occur if tensions ease.

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