Technology stocks fall for a second session after Trump tariffs, led by Tesla and Nvidia

White House Senior Advisor, Tesla and SpaceX CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House on March 24, 2025 in Washington, DC. Technology stocks fell for a second day Friday as retaliatory tariffs from China fueled fears of a global trade war. Tesla and Nvidia led the losses, plunging more than 9% and 7%, respectively, after slumping more than 5% during Thursday's session. Apple lost 5%, bringing its week-to-date drop to more than 11%. The company is under pressure as new tariffs target some of its secondary manufacturing locations outside China. Meta Platforms lost 4%, while Amazon , Alphabet and Microsoft dipped more than 1% each. Oracle dropped 5%, and AppLovin and Palantir Technologies tanked 15% and 11%, respectively. Salesforce declined more than 4%. The losses come on the heels of Thursday's broad market selloff. President Donald Trump's sweeping tariff policy — which included a 10% base tariff on all U.S. imports — has fuele ... Read full article.