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Market Dips Amid Iran, AI, and Trade Fears | US News
Market nerves tightened Monday as tech stocks dragged the S&P 500 and Nasdaq lower, fueled by U.S. signals of looming Iran sanctions and mounting political resistance to AI data centers—especially from Texas Governor Greg Abbott. While financial giants like JPMorgan and Visa held firm, chipmakers like Nvidia and Broadcom felt the chill. The week ahead is packed: Nvidia’s earnings loom, the Fed’s Kevin Warsh speaks at Jackson Hole for rate clarity, and Trump’s threat of a 50% auto tariff on Canada adds to the volatility. Investors brace for a volatile ride amid geopolitical and economic…
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