Nasdaq Top Losers

The Nasdaq Composite suffered a sharp 3.6% decline, its steepest in months, as heightened U.S.-China tariff tensions hit tech stocks hard. AMD, Micron, and Synopsys mirrored their S&P 500 losses, while NetApp and Lam Research plunged over 4%, reflecting investor anxiety over weakening demand and potential supply chain disruptions. Analysts said the selloff underscores the tech sector’s vulnerability to trade policy shocks, with semiconductors and hardware firms bearing the brunt of escalating geopolitical uncertainty.