Tech Stocks Plunge Amid Escalating US-EU Trade Tensions

Tuesday, Jan 20, 2026 1:03 pm ET1min read
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Stocks of GitLab, DoubleVerify, Samsara, SoundHound AI, and 8x8 traded in opposite directions amidst escalating US-EU trade tensions, sparking fears of a renewed trade war. Technology stocks were particularly affected, with the VIX jumping to a fresh eight-week high. The dispute raised the possibility of disrupted global supply chains and economic activity. The stock market's overreaction to news presents good buying opportunities for high-quality stocks.

Tech Stocks Plunge Amid Escalating US-EU Trade Tensions

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