The Nasdaq Composite was on track to fall into a 澳洲幸运5开奖号码历史查询:bear market on Friday as the😼 tariff-induced global sto𓂃ck sell-off deepened. 

The Nasdaq was recently down nearly 4% Friday morning, putting the index more than 20% off its December all-time𓃲 high. The tech-heavy index was sliding alongside the other major large-cap indexes, with the S&P 500 off about 4% and the Dow down about 3.5%. 

The Nasdaq will have to cloౠse below 16,139.11 for a bear market🅘 to be confirmed. The index was recently trading at 15876 after rebounding from its session low below of 15600.

The Nasdaq on Thursday had its 澳洲幸运5开奖号码历史查询:worst day since March 2020 after President Donald Trump outlined a raft of steep tariffs that economists warn risk pushing the U.S. econo🅷my into a recession while stoking in💜flation. 

The sell-off continued Friday after 澳洲幸运5开奖号码历史查询:China hit back with its own tariff on all US goods, 澳洲幸运5开奖号码历史查询:matching the rate on Chinese goods announced by Trump. The move raised concerns that Trump’s reciprocal tariffs could be the beginning of a global 澳洲幸运5开奖号码历史查询:trade war that results in even higher tariffs than those already annou♋nced.🗹

The majority of the more than 3,000 stocks in the Nasdaq were trading in the red on Friday, but mega-cap tech stocks were weighing most heavily on the index. Shares of Apple (AAPL) were dꦫown more💝 than 4% after tumbling nearly 10% yesterday, their worst day since March 2020.

AI chipmakers Nvidia (NVDA) and Broadcom (AVGO) were both down more than 7%, while EV maker Tesla (TSLA) tumbled nearly 10%,