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Tech Stocks Tank After Nvidia's China Warning:

A significant selloff has hit the market, triggered by Nvidia's announcement of a $5.5 billion charge due to new US export restrictions on its chip sales to China.

This news has sent tech stocks tumbling, leading to a sharp drop in major indexes.

The S&P 500 is down 2.24%, the Dow Jones Industrial Average has fallen by 1.73%, and the Nasdaq Composite has plunged by 3.07%, nearing bear market levels.

• S&P 500: 5,275.70 (-2.24%)

• Dow: 39,669.39 (-699.57 points)

• Nasdaq: 16,307.16 (-3.07%)

• VIX: Above 34 (+4 points) - FEAR SPIKING

Energy (+1.0%) as oil climbs on Iran sanctions.

@TigerCommunity @TigerStars @Daily_Discussion @Tiger_comments @TigerWire @TigerEvents

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