Trump’s Trade War Rattles Retirement Plans as Apple Stock Tumbles
President Trump’s escalating trade war has sent shockwaves through Americans’ retirement accounts, with Apple’s steep decline dragging down 401(k) portfolios. The tech giant’s shares have plunged 20% this year after TRUMP demanded US manufacturing relocation, wiping out nearly $1 trillion in market value since December.
Apple’s 6% weighting in the S&P 500 makes its downturn particularly painful for retirement funds tracking the index. Other tech heavyweights like Amazon (-6%), Google (-9%), and Tesla (-14%) compound the damage, though Nvidia and Microsoft provide modest counterbalance with 0.6% and 9% gains respectively.
The S&P 500’s market-cap weighting amplifies the impact of Apple’s decline. Horizon Investments’ Scott Ladner warns prolonged uncertainty could trigger broader market stagnation, putting retirement timelines at risk for millions of Americans.