Tech Stocks Plunge Amid China Curbs and Geopolitical Tensions
TL;DR Summary
US stock futures, particularly for the tech-heavy Nasdaq, are falling sharply due to concerns over potential US export curbs on China and former President Trump's comments on Taiwan. The S&P 500 and Dow Jones Industrial Average futures are also down. Major tech stocks like Nvidia and TSMC are experiencing significant pre-market declines. The Biden administration is considering stricter restrictions on advanced chip technology exports to China, affecting companies like ASML. Upcoming corporate earnings and economic data releases may influence market sentiment.
- Stock market news today: S&P 500, Nasdaq futures tumble as China curb risk rattles techs Yahoo Finance
- Global chip stocks from Nvidia to ASML fall on geopolitics, Trump comments CNBC
- Nvidia, TSMC, Five Below, Spirit Airlines and Eli Lilly fall premarket Investing.com
- Dow Jones Futures Fall; Chips Tumble On ASML Earnings, Tougher China Curbs, Trump Investor's Business Daily
- US Floats Idea of Tougher Trade Rules in Chip Crackdown on China Bloomberg
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