Tariffs Shock Hit Stocks, Cryptos, While Nvidia Fails To Come To The Rescue: This Week In Markets
1. Risk assets fell due to bearish sentiment in markets. 2. NVIDIA reported solid earnings but did not meet high investor expectations. 3. Trade tensions and economic data added to market anxiety and sell-offs. 4. AI sector valuations reassessed, impacting NVIDIA and its peers negatively. 5. Softening labor market and grim housing data increase investor caution.