Tech Stocks Falter Amid Tariff Concerns and Nvidia Earnings Anticipation U.S. equity markets faced declines as investors reacted to President Trump's tariff plans and awaited Nvidia's earnings report. The Nasdaq fell 1.2%, while the S&P 500 dropped 0.5%. Nvidia's stock dipped 3%, reflecting concerns over AI-related competition. Meanwhile, Apple's $500 billion U.S. investment announcement drew attention, boosting its shares.1