Treasury Secretary Bessent says market woes are more about tech stock sell-off than Trump's tariffs
1. Treasury Secretary attributes stock sell-off to tech, not tariffs. 2. DeepSeek's AI models triggered a significant drop in major tech stocks. 3. S&P 500 futures fell nearly 4% following Trump's tariff announcement. 4. Bessent downplays Trump tariffs impact, mentions macroeconomic conditions could stabilize. 5. Tech-heavy Nasdaq is down 13%, indicating broader market anxieties.