Tech Cold War Escalates: Chip Feud Sends Dow, S&P 500, and Nasdaq Tumbling
Wall Street’s giants took a hit as U.S.-China semiconductor tensions reached a boiling point—because nothing says ’global cooperation’ like a good old-fashioned tech embargo.
Investors scrambled as the chip war’s ripple effect exposed just how fragile traditional markets are when geopolitics crashes the party. Meanwhile, crypto markets yawned and kept stacking SATs.
Funny how the ’stable’ markets always need a bailout narrative while decentralized assets quietly eat their lunch.