Stock Market Plunges: $1.65 Trillion Lost Amid Tech Giant Losses

Global markets experienced a dramatic downturn last Friday, with the U.S. stock market losing over $1.65 trillion in value, marking one of the largest daily declines of 2025. This sharp sell-off was fueled by escalating trade tensions between the U.S. and China, following hints from the White House about potential new tariffs on Chinese imports. The tech sector was hit hardest as major players like Tesla, Amazon, and Nvidia experienced substantial losses.