Nasdaq Suffers Worst Day Since October Amid Trade Fears and Rising Yields

The Nasdaq closed down 2.4% to 22,954 in its worst day since October, wiping out all year-to-date gains for the index. The Dow Jones Industrial Average fell 1.8% to 48,489, while the S&P 500 slipped 2.1% to 6,797. Tech stocks led the retreat, with Nvidia and Broadcom among the hardest hit. Treasury yields hit four-month highs, and the dollar slid to a two-week low as investors reacted to President Trump's renewed trade ambitions in Greenland.