The unpredictable dynamics in U.S. tariff policies toward Canada and Mexico sent immense shockwaves to the U.S. equity markets on Thursday. The DJIA experienced a steep intraday slump, sliding as much as 625 points to a low of 42,381, before closing down 427 points, or 1%, at 42,579.

The Nasdaq Composite saw an even more pronounced decline, diving 483 points, or 2.6%, to close at 18,069, barely holding above the critical 18,000 level. This marked a combined drop of nearly 11% from its mid-February peak, pushing the index into technical correction territory. The S&P 500 Index also waned, shedding 104 points, or 1.8%, to end the session at 5,738.

Techs faced heavy selling pressure. Nvidia (NVDA.US) slid 5.7%. Tesla (TSLA.US) shed 5.6%, while Meta (META.US) and Amazon (AMZN.US) saw losses ranging from 3% to 4%. Microsoft (MSFT.US) logged a milder loss of 1%, with Apple (AAPL.US) and Alphabet (GOOG.US) each falling by less than 1%.

Elsewhere, Marvell Technology (MRVL.US) issued cautious guidance for the current fiscal quarter, resulting in a nearly 20% plunge in its stock price. Intuitive Machines (LUNR.US) tumbled 20% after failing to confirm the success of its lunar landing mission.
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AAStocks Financial News
Web Site: www.aastocks.com

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Stock & Type	Code	Strike(Call Level)	Last	Effective Gearing
Nvidia (C)	10537	165 (-)	0.050	6.2 X
Nvidia (C)	10573	150 (-)	0.210	3.3 X
Nvidia (P)	10538	116 (-)	0.275	2.8 X
TSLA (C)	10469	440 (-)	0.093	5.9 X
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META (P)	10563	600 (-)	0.920	3.8 X
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