Benzinga
  • 19 hours ago
Tech stocks declined Tuesday, dragging down the broader market as the Nasdaq 100 Index fell over 1%. All Magnificent Seven stocks closed lower, with Tesla dropping over 8% amid reports that its European sales plunged in January while regional EV sales grew. Nvidia declined more than 3% ahead of its earnings report. Reports that the Trump administration is planning new restrictions on chip sales to China pressured semiconductor stocks. Cryptocurrency stocks also fell alongside sharp losses in Bitcoin and Ether.

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