๐ Fed Caution, Tariff Tensions, and Nvidiaโs Slump Shake Markets
๐น Stock Market: Nasdaq tumbles (-2.78%) in its worst session since January, as Nvidia drops 8.48% despite strong earnings.
๐น Trade & Tariffs: Trump confirms 10% tariff hike on China starting March 4; Canada & Mexico also face levies. Beijing expected to retaliate.
๐น Commodities: Gold slides 1% on profit-taking, while OPEC+ hesitates on an April output hike amid demand concerns.
๐น Crypto: Ethereum struggles near $2,270 as ETFs see $94.3M in outflows, while Litecoin surges 24% on institutional accumulation.