The stock market continues to experience a downward spiral, with major indices like the Nasdaq Composite, Dow Jones Industrial Average, and S&P 500 suffering significant losses due to escalating trade wars prompted by recent tariffs from President Trump. Retaliatory measures from Beijing have heightened volatility in an already shaky global market. While most stocks are seeing declines, some, like AppLovin and SuperMicro, are experiencing gains, indicating pockets of resilience in a generally negative trading environment as executives gather to address the crisis.
The stock market sell-off is not over, with all three of the major stock market averages widening their losses.
Beijing's retaliatory tariffs have exacerbated the global trade war.
Finding gainers today is akin to locating a needle in a haystack, but they are there.
AppLovin CEO Adam Foroughi believes his company's bid for TikTok assets outshines those of rivals.
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